European stocks end with gains amid hopes of US government reopening
Stoxx 600 up 1.42%, Germany's DAX adds 1.65%, UK's FTSE rises 1.08%, tech index climbs 1.55%, banks index surges 2.9%
ISTANBUL
European stock markets closed higher on the first trading day of the week, led by tech and banks stocks, amid hopes for a US federal government reopening after the US Senate passes a stopgap budget.
The pan-European Stoxx 600 index rose 1.42%, or 8.03 points, to close out Monday at 572.82.
Technology and financials led the gains, with the Stoxx 600 Technology Index ending 1.55% higher, while the Stoxx 600 Banks Index adding 2.9%.
Germany's DAX 40 index was up 1.65% to end at 23,959.99 points, and the UK's FTSE 100 gained 1.08% to end at 9,787.15.
France's CAC 40 rose 1.32% to 8,055.51, and Italy's FTSE MIB index added 2.28% to close at 43,895.67 points.
And Spain's IBEX 35 gained 1.77% to end the day at 16,182.5 points.
Investors in European equity markets welcomed Sunday's US Senate vote by Democrats and Republicans towards reaching an agreement on a temporary budget to reopen the government.
The US Senate voted 60-40 to break a Democratic filibuster and advance government funding legislation, marking a crucial step toward reopening the federal government after a five-week shutdown.
