European Stocks Rise Despite Economic Uncertainty

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BUSINESS समाचार

BUSINESS,STOCK MARKET,ECONOMY

European stock markets opened higher on Monday, but concerns about the global economy and rising taxes remain.

European stock markets opened broadly higher Monday, with the Stoxx 600 index up 0.29% at 8:15 a.m. in London. France's CAC 40 index jumped 0.77% as Germany's DAX gained 0.4%. The U.K.'s FTSE 100 bucked the trend to dip 0.1%. 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.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. The BCC said 63% of businesses cited tax as a worry in the survey, up from 48% in the third quarter. Concern about The percentage of companies saying they expected turnover to increase in the next twelve months fell to 49%, from 56%. Firms of all shapes and sizes are telling us the national insurance hike is particularly damaging. Businesses are already cutting back on investment and say they will have to put up prices in the coming months,' said Shevaun Haviland, the BCC's director general

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