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August 12, 2024

European Stocks Trade Higher

European stocks started trading higher on Monday as investors looked ahead to a week of important economic data from the US and Europe.

The STOXX Europe 600 index rose 0.4 percent.

The oil and gas sector rose about 1 percent

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Oil Continues to Rise, Holds On Last Week’s Gains

Oil prices rose for a fifth consecutive session on Monday, extending gains from last week’s more than 3% rise, as US recession fears eased while geopolitical tensions in the Middle East supported prices.

Brent crude futures climbed 22 cents, or

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