Investing.com – European stocks were up on Monday, as auto-makers led markets higher; meanwhile U.S. futures indexes pointed to a higher open on Wall Street amid expectations of further monetary easing by the Federal Reserve.
During European morning trade, the EURO STOXX 50 gained 0.15%; France’s CAC 40 increased 0.19%; and Germany's DAX was up 0.21%.
Performance of financial sector stocks was mixed, as Dutch insurers ING Groep gained 0.82%, stocks of French-based financial service provider AXA added 0.45%, while Spanish lender Banco Santander fell 0.70% and German banker Deutsche Bank saw its shares shed 0.37%.
But auto-makers were higher, as Volkswagen VZ saw its shares jump 1.50% after the German car-maker said it planned to increase production at its German factories. Meanwhile, shares in rivals Daimler AG rose 1.07% while French auto-maker Renault SA gained 1.14%.
In London, the commodity heavy FTSE 100 was up 0.30% as commodity-linked shares were mixed amid retreating metal and crude oil prices.
Shares in oil giant British Petroleum fell 1.07%, the world’s largest mining company BHP Billiton declined 0.56%, while Xstrata saw its shares climb 1.25% and Cairn Energey jumped 1.53%.
Elsewhere, shares in discount airliner EasyJet soared 2.06% after the company said it resolved a dispute with its biggest shareholders, easyGroup, over the terms of its brand license. Meanwhile, rivals Air Partner Plc. saw its shares surge 2.33% after the airliner won a 4-year government contract to be the sole provider of all passenger and freight air charter services for the U.K.'s Department for International Development.
The outlook for U.S. equity markets, meanwhile, was upbeat: Dow Jones Industrial Average futures indicated a gain of 0.23%, S&P 500 futures pointed to an increase of 0.24% and Nasdaq 100 futures indicated a rise of 0.22%.
Later in the day, Federal Reserve Open Market Committee member Janet Yellen was to speak at a public engagement in Denver.
During European morning trade, the EURO STOXX 50 gained 0.15%; France’s CAC 40 increased 0.19%; and Germany's DAX was up 0.21%.
Performance of financial sector stocks was mixed, as Dutch insurers ING Groep gained 0.82%, stocks of French-based financial service provider AXA added 0.45%, while Spanish lender Banco Santander fell 0.70% and German banker Deutsche Bank saw its shares shed 0.37%.
But auto-makers were higher, as Volkswagen VZ saw its shares jump 1.50% after the German car-maker said it planned to increase production at its German factories. Meanwhile, shares in rivals Daimler AG rose 1.07% while French auto-maker Renault SA gained 1.14%.
In London, the commodity heavy FTSE 100 was up 0.30% as commodity-linked shares were mixed amid retreating metal and crude oil prices.
Shares in oil giant British Petroleum fell 1.07%, the world’s largest mining company BHP Billiton declined 0.56%, while Xstrata saw its shares climb 1.25% and Cairn Energey jumped 1.53%.
Elsewhere, shares in discount airliner EasyJet soared 2.06% after the company said it resolved a dispute with its biggest shareholders, easyGroup, over the terms of its brand license. Meanwhile, rivals Air Partner Plc. saw its shares surge 2.33% after the airliner won a 4-year government contract to be the sole provider of all passenger and freight air charter services for the U.K.'s Department for International Development.
The outlook for U.S. equity markets, meanwhile, was upbeat: Dow Jones Industrial Average futures indicated a gain of 0.23%, S&P 500 futures pointed to an increase of 0.24% and Nasdaq 100 futures indicated a rise of 0.22%.
Later in the day, Federal Reserve Open Market Committee member Janet Yellen was to speak at a public engagement in Denver.