European markets started the new trading week on a positive note Monday, following more uncertain sentiment last week amid continuing Middle East tensions and a repricing of interest rate expectations.
The benchmark Stoxx 600 index was up 0.5% at the open, with all sectors bar mining stocks trading in the green. Retail stocks led gains, up 1.3%.
U.S. stock futures pushed higher on Sunday evening as Wall Street looked to find its footing after a steep selloff for tech companies.
Meanwhile, Asia-Pacific markets rebounded from Friday’s selloff as investors look to fresh data out of China, Japan and South Korea this week. Markets in the region tumbled last Friday after Israel launched a strike on Iran, causing stocks to fall and safe-haven assets to climb.
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