European stocks increase as investors track reports of Trump’s improving health

European stocks advanced Monday morning as global markets are calmed by reports of President Trump’s improving health as he’s treated for Covid-19.

The pan-European Stoxx 600 climbed 0.6% by late morning, with travel and leisure stocks jumping 2.1% to lead gains as all sectors except utilities traded in positive territory.

European markets are following their counterparts in the U.S. and Asia-Pacific higher Monday as political uncertainty following Trump’s Covid-19 diagnosis eases.