European Stock Futures Higher; Positive China COVID News Helps Tone


Source: yahoo.com yahoo.com

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By Peter Nurse Investing.com - European stock markets are expected to open marginally higher Monday, helped by gains in Asia as major Chinese cities begin to ease mobility restrictions, although the Memorial Day holiday in the U.S. could limit activity. At 2 AM ET (0600 GMT), the DAX futures contract in Germany traded 0.3% higher, CAC 40 futures in France climbed 0.4%, and the FTSE 100 futures contract in the U.K. rose 0.4%. Equity markets in Europe posted gains last week, following the positive tone on Wall Street as investors were buoyed by hints the Federal Reserve, once it has...