European Markets Closing Report: European markets close higher as investors weigh China optimism, U.S. stimulus progress
Elliot Smith, Holly Ellyatt 2-3 minutes - Source: CNBC LONDON - European stocks ended the day higher on Monday, tracking gains in Asia on the back of strong Chinese data, while progress on a U.S. stimulus package was also in focus. TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME .FTSE FTSE 100 FTSE 6001.38 -15.27 -0.25 600961582 .GDAXI DAX DAX 13138.41 87.18 0.67 48906350 .FCHI CAC 40 Index CAC 4979.29 32.48 0.66 74090850 The pan-European Stoxx 600 closed provisionally 0.8% higher, with sectors including autos, household goods, tech and utilities all adding more than 1%. The travel and leisure and retail sectors both ended the day in the red, as did banks and oil and gas. The pandemic continues to cause widespread concern in Europe with governments resorting to localized lockdowns to stem the spread of the virus. Spain’s government has caused controversy after it imposed a state of emergency on Madrid and the U.K. government