European stocks set to fall in shortened trading session; French CAC set for 30% gain in 2021

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European indexes ended higher on Thursday as holiday-thinned trading continued in the region.

by 29 points to 7,140. Markets will close at lunchtime on Friday due to the New Year's Eve celebrations.to close out a year of solid returns. The FTSE and the DAX are on track to see gains of 15% for this year, while the French CAC is close to a 30% gain.

Historically, many benchmarks gain during the Santa Claus rally — the final five trading days of the current year and the first two of the new year. The period began Monday.

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