European Stocks Settle Higher

The European stocks rose on Monday, supported by positive reports about COVID-19 vaccine trials, with the market anticipating the European Union (EU) talks about an economic stimulus package with a total size of EUR 750 million.

The pan-European STOXX Europe 600 index gained 0.74% to settle at 375.45.

French index CAC40 increased by 0.47%, while the German DAX surged by around 1%.

On the other hand, FTSE100 lost 0.46%.

In Spain, IBEX35 added 0.51%, while the Italian FTSE MIB index added 0.99%.