European Stocks Rebound From Earlier Losses at Close

European stocks finished higher for the third consecutive session on Monday, rebounding from earlier losses to begin the week with a positive performance, despite concerns about the new variants of the coronavirus.

The pan-European STOXX 600 index rose by 1.55 points, or 0.34%, to close at 458.36 points. This marked the fourth-highest closing level for the index in its history, as it struggles to log a new record due to pandemic worries.

The French CAC40 index increased by 0.22%, while the German DAX closed marginally higher by 0.08%.

Meanwhile, the UK’s FTSE100 gained 0.58% to settle at 7,164.91 points, its highest since June 16.