European markets open higher in shortened session ahead of Christmas

European markets open higher in shortened session ahead of Christmas


European markets opened higher on Tuesday, in a shortened trading session for Christmas Eve.

Stocks in Europe ended Monday’s session slightly higher, as investors reacted to more disappointing economic news out of the U.K., and the pan-European Stoxx 600 was lifted by a recovery in the share price of pharmaceuticals giant Novo Nordisk.

There is no economic data expected out of Europe on Tuesday.

Overnight in Asia, stocks were in mixed territory as investors monitored the monetary policy outlook in Japan, the blockbuster merger between autos giants Honda and Nissan and faltering consumer confidence in South Korea.

Trading is expected to be muted across the globe this week as multiple markets close early onTuesday and will remain shuttered on Wednesday for Christmas Day.



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