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European stocks set to start the week higher as global markets rally

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European stocks are expected to open higher Monday as global market sentiment rises.

Data releases include the Ifo business climate index in Germany. There are no major earnings releases.Key Square Group founder Scott Bessent as U.S. Treasury secretary. Investors have generally viewed the pick favorably and see the hedge fund manager as someone who will be supportive of the equity market. However, Trump stated that Bessent would help him implement protectionist trade policies, which could affect the market.

CNBC Pro spoke to Ollie Clark, deputy head of research at WH Ireland, and Mark Preskett, senior portfolio manager at Morningstar Wealth, about how investors with roughly $500,000 could look to allocate their portfolio.The sustainability theme faces an uncertain future under President-elect Donald Trump, but Morgan Stanley has named a number stocks with major upside.

The Wall Street bank identified its top overweight-rated stocks with over $2 billion in market cap and a revenue or capital expenditure exposure to sustainability themes.Northern Liberties

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European markets set to open lower ahead of European growth data, more earningsEuropean markets are heading for a negative open Wednesday, as investors await the latest growth data from the region and another batch of earnings.
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