European Stocks Settle Higher on Economic Data

European stocks closed higher on Monday, opening both the week and the month with a positive performance, supported by strong economic data.

The Stoxx Europe 600 rose by 1.53% to close at 347.59 points.

Meanwhile, the UK’s FTSE100 added 1.39%, while the French CAC40 and the German DAX finished higher by 2.11% and 2.01%, respectively.