European markets higher as new trading week kicks off; Gucci-owner Kering rises over 4%

European markets higher as new trading week kicks off; Gucci-owner Kering rises over 4%


European markets opened higher on Monday as the new trading week kicked off, with investors weighing geopolitical turmoil.

The pan-European Stoxx 600 was up by around 0.3% at 8:34 a.m. London time, with most major regional bourses and sectors trading in positive territory.

Traders will be assessing geopolitical upheaval in the Middle East after the ousting of Syrian President Bashar al-Assad over the weekend. Western leaders have greeted the overthrow of the Assad dynasty by rebel forces with caution, fearing a power vacuum and more instability in the region.  

Meanwhile, Asia-Pacific markets were mixed overnight. South Korea’s Kospi stock index fell over 2% after President Yoon Suk Yeol survived an impeachment vote over the weekend.

U.S. stock futures were little changed Sunday night after the S&P 500 and Nasdaq Composite posted their third straight winning week, ahead of key inflation data due Wednesday.

The November consumer price index, due out Wednesday, is expected to show a slight uptick in pricing pressures. Economists polled by Dow Jones expect a 0.3% and 2.7% monthly and yearly increase, respectively. That would be up from 0.2% and 2.6%, respectively, from the prior month.

— CNBC’s Sarah Min contributed to this market summary



Source

The ‘cortisol cocktail’ has gone viral on TikTok—but can it actually reduce stress? Here’s what doctors say
World

The ‘cortisol cocktail’ has gone viral on TikTok—but can it actually reduce stress? Here’s what doctors say

Let’s face it: Americans are stressed. Google searches for “how to reduce stress” are high, and 77% of U.S. adults report that the country’s future is a major source of stress, according to a survey done by the American Psychological Association. So, it’s no surprise that people are looking for ways to better manage their […]

Read More
Happiness researcher shares his ’90-second rule’ to live a better, more fulfilled life—it helps when you’re angry or upset
World

Happiness researcher shares his ’90-second rule’ to live a better, more fulfilled life—it helps when you’re angry or upset

Mo Gawdat’s son, Ali, was 21 years old when he died due to medical negligence during a routine appendix surgery in 2014. Gawdat was devastated, confused and in a palpable state of shock. Then, 17 days later, he started writing a book on how to be happy, in his son’s honor. Gawdat has researched the […]

Read More
I tried Denmark’s No. 1 secret to happiness for a year. It truly changed my life—and even made me more confident
World

I tried Denmark’s No. 1 secret to happiness for a year. It truly changed my life—and even made me more confident

For over four years, I’ve been a professor at Emory University’s Goizueta Business School. Before that, I worked in the corporate world at organizations like Coca-Cola and IBM.  Recently, for work, I went to Denmark, one of the world’s happiest countries, to teach a course called “Happiness Blueprint.” While there, I discovered what many had […]

Read More
Powered by WordPress | WP Magazine by WP Mag Plus