European stock markets’ gains fade on Monday
European stock markets ended higher on Monday but pared earlier gains driven by vaccine hopes and a flurry of M&A activity.
Investors will hear from the U.S. Federal Reserve, the Bank of England (BoE), and the Bank of Japan (BoJ) in the upcoming days in a busy week for central bank meetings.
The table below demonstrates the performance of major European stock markets:
| Stoxx Europe 600 | rose 0.2% |
| German stock index – DAX | dropped 0.1% |
| French stock index – CAC 40 | advanced 0.4% |
| UK stock index – FTSE 100 | lost 0.1% |
| Italy’s stock index – FTSE MIB | slipped 0.14% |
| Spain’s stock index – IBEX 35 | added 0.11% |
| Russia’s stock index – IMOEX | hiked 0.61% |