European stocks rise for a fourth session in a row focused on the corporate earnings season
European shares rose on Monday morning in the first session of the week, continuing gains for a fourth session in a row, on the back of improved investor risk appetite as fears of a global economic slowdown eased, with a focus on corporate and banking earnings season, which began in the United States.
The Dow Jones Stoxx Europe 600 rose by more than 0.1% until 10:40 GMT, and the index ended Friday's session up by 0.2%, the third daily gain in a row.
The Stoxx Europe Index rose Monday morning in the first session of the week, continuing its gains for a fourth session in a row, with most of the major bourses and sectors in the positive region.
Investors' risk appetite has improved, as fears of a global economic slowdown have eased, especially after strong trade data in China in March and the launch of the corporate and global earnings season, which began to be strong in the United States.
The banking sector in Europe rose nearly 1 percent after JPMorgan, the largest US bank by assets, posted better-than-expected earnings in the first quarter of this year. Goldman Sachs and Citibank are due to announce their results later in the day.
Shares of the Publicis advertising group rose 2% after news of its $ 1.4 billion acquisition of marketing and data company Epsilon.
S & P 500 futures rose 0.1%, the highest level in five months ahead of the opening of the official trading session on Wall Street, and ended the index on Friday, up by about 0.7%.
The Euro Stoke 50 index gained 0.2%. In France, the CAC 40 index gained 0.2%, Germany added 0.2%, and in London the FTSE 100 gained 0.1%.