European stocks head for higher open, tracking positive moves in global markets

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European stocks are expected to open higher Monday, echoing positive market sentiment elsewhere.

turned positive in volatile trading following last week's heavy losses — the worst for the market since October.

Another busy week of earnings is coming up with 99 S&P companies set to report; Alphabet, Amazon, Alibaba, Snap, Exxon, Biogen, Pfizer and Chipotle are among the names set to report this coming week.sent President Joe Biden a letter on Sunday, urging him to consider a smaller, scaled-down Covid-19 relief proposal. His current plans call for $1.9 trillion in additional fiscal stimulus.

European investors will be keeping an eye on developments in the deployment of coronavirus vaccines after a period of arguments and tensions last week over supplies of the vaccine, particularly from AstraZeneca, and criticism over the speed of the vaccine rollout in the EU. Data releases Monday include the euro zone unemployment rate for December, manufacturing PMI data for December and new car registration data from Spain. Earnings come from

 

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You know what to do Eurobros!!! 💎👐

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