Entrance to the London Stock Exchange Group Building on December 8, 2024.
Manuel Romano | Noor Photos | Getty Images
European markets opened higher on Tuesday, ahead of a shortened trading session ahead of Christmas Eve.
The pan-European Stoxx 600 index was up around 0.3% at the open, with all sectors in positive territory. Technology stocks were among the stocks leading the gains Strong trading session U.S. technology stocks debuted on Monday.
European stocks closed slightly higher on Monday as investors bet on more Disappointing economic news Britain went out and the Stoxx 600 got a boost from a recovery in shares of pharmaceutical giant Novo Nordisk.
Novo Nordisk resumed gains on Tuesday, rising to the top of the Stoxx 600 in early trade and rising 5.7% at 8:09 a.m. London time. The Danish pharmaceutical giant’s share price is rising from Last week’s sharp sell-offPrevious trial results for its weight-loss drug CagriSema were disappointing.
No economic data is expected from Europe on Tuesday.
Overnight in Asiaas investors pay attention, the stock market rises and falls. Japan Monetary Policy Outlookbombshell Merger of automobile giants Honda and Nissan and Korean consumer confidence shakes.
Global trading is expected to be thin this week as several markets closed early on Tuesday and will remain closed for Christmas on Wednesday.
