Investing.com – European stocks were up on Monday, with miners advancing on the back of higher metal prices, while U.S. stock index futures pointed to a higher open on Wall Street.
During European afternoon trade, the EURO STOXX 50 climbed 1.52%; France’s CAC 40 advanced 1.53% while Germany's DAX gained 1.28%.
Shares in Rio Tinto gained 1.62% as copper prices advanced for the first time in three days while Xstrata stocks rose 1.38% after media reports that the company may resume a takeover bid on resources group Lonmin.
Earlier in the day, data by research group Sentix showed its index of investor confidence in the euro zone jumped more-than-expected in August, rising to 8.5 after falling to -1.3 in June.
Analysts had expected the index to rise to 2.1 in August.
Also Monday, official data showed that Germany's trade surplus widened in June, in line with expectations.
In London, the FTSE 100 gained 1.43% as shares in oil giant BP rose 1.93% after the company announced it had successfully sealed the leaking oil well in the Gulf of Mexico.
The outlook for U.S. equity markets, meanwhile, was upbeat: Dow Jones Industrial Average futures indicated a gain of 0.27%, S&P 500 futures pointed to a rise of 0.45% and Nasdaq 100 futures indicated an increase of 0.40%.
Shares in technology giant Hewlett-Packard were likely to be in focus during U.S. trade following the resignation of the company's chief executive Mark Hurd.
During European afternoon trade, the EURO STOXX 50 climbed 1.52%; France’s CAC 40 advanced 1.53% while Germany's DAX gained 1.28%.
Shares in Rio Tinto gained 1.62% as copper prices advanced for the first time in three days while Xstrata stocks rose 1.38% after media reports that the company may resume a takeover bid on resources group Lonmin.
Earlier in the day, data by research group Sentix showed its index of investor confidence in the euro zone jumped more-than-expected in August, rising to 8.5 after falling to -1.3 in June.
Analysts had expected the index to rise to 2.1 in August.
Also Monday, official data showed that Germany's trade surplus widened in June, in line with expectations.
In London, the FTSE 100 gained 1.43% as shares in oil giant BP rose 1.93% after the company announced it had successfully sealed the leaking oil well in the Gulf of Mexico.
The outlook for U.S. equity markets, meanwhile, was upbeat: Dow Jones Industrial Average futures indicated a gain of 0.27%, S&P 500 futures pointed to a rise of 0.45% and Nasdaq 100 futures indicated an increase of 0.40%.
Shares in technology giant Hewlett-Packard were likely to be in focus during U.S. trade following the resignation of the company's chief executive Mark Hurd.