The entrance of the London Stock Exchange Group building on Dec. 8, 2024.
Manuel Romano | Nurphoto | Getty Images
European markets are set to open higher on Tuesday, in a shortened trading session for Christmas Eve.
London’s FTSE 100 is slated to gain 56 points to open at 8,140, according to data from IG, while France’s CAC 40 index is expected to start the session 46 points higher at 7,320. The German DAX is closed for the Christmas holiday on Tuesday, while the London and Paris exchanges will wrap their activity early.
Stocks in Europe ended Monday’s session slightly higher, as investors reacted to more disappointing economic news out of the U.K., and the pan-European Stoxx 600 was lifted by a recovery in the share price of pharmaceuticals giant Novo Nordisk.
There is no economic data expected out of Europe on Tuesday.
Overnight in Asia, stocks were in mixed territory as investors monitored the monetary policy outlook in Japan, the blockbuster merger between autos giants Honda and Nissan and faltering consumer confidence in South Korea.
Trading is expected to be muted across the globe this week as multiple markets close early onTuesday and will remain shuttered on Wednesday for Christmas Day.
