European markets opened higher Monday, looking to shake off a choppy start to the year for stocks.
The regional Stoxx 600 index ticked up 0.3% in early deals, while sector gains were driven by technology and autos, up 1.4% and 1.3%, respectively.
Finnish fuel producer Neste led gains, up nearly 5%, continuing positive momentum after last week announcing its biggest ever contract for supplying sustainable aviation fuel.
The Stoxx 600 had a mixed performance last week, though it ended 0.2% higher amid a rocky start to 2025 for stocks around the world. Mixed sentiment could continue this week as traders look for more clues on where the global economy is headed and brace for the return of Donald Trump to the White House.
It’s a relatively quiet day for data and earnings in Europe, but readings on Spanish business activity and German inflation are due.
Overnight, Asia-Pacific markets were mixed on Monday as investors assessed business activity data from China and Hong Kong.
Meanwhile, U.S. equity futures were little changed early Monday morning as investors looked ahead to the December jobs report on Friday; the data will be one of the last key pieces of data before the Federal Reserve’s meeting at the end of the month.
Investors stateside will also watching the Job Openings and Labor Turnover Survey Tuesday and December ADP Employment Survey Wednesday.
The U.S. trading week will be shorter this week, with the New York Stock Exchange closed Thursday to mourn the death of former President Jimmy Carter.
— CNBC’s Tanaya Macheel contributed to this market summary
