LONDON — European markets broadly closed higher Monday, as investors assessed the global economic and interest rate outlook heading into the final trading month of the year.
European markets
| TICKER | COMPANY | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|
| .FTSE | FTSE 100 | 8359.41 | 46.52 | 0.56 |
| .GDAXI | DAX | 20016.75 | 0 | 0 |
| .FCHI | CAC 40 Index | 7255.42 | 0 | 0 |
| .FTMIB | FTSE MIB | 33829.34 | 346.17 | 1.03 |
| .IBEX | IBEX 35 Idx | 11873.6 | 0 | 0 |
The regional Stoxx 600 rebounded from an earlier to decline to provisionally end the day 0.54% higher, after the index closed out November with its strongest monthly performance since August.
France’s CAC 40 index closed 0.02% higher after a choppy session. Investors are following tensions over the country’s budget which could lead to a no-confidence vote that the government is likely to lose.
Shares of Jeep-maker Stellantis were around 6.3% lower as markets closed after CEO Carlos Tavares announced his immediate resignation over the weekend, citing “different views” between the executive and the board of directors. The European-American company has been struggling with declining sales and high inventories in the U.S.
Data releases showed a deterioration in manufacturing sector activity in both the euro zone and the U.K., while the unemployment rate in the European Union remained steady in October.