home Latest News European stocks rise across the board, led by commodities – MarketWatch

European stocks rise across the board, led by commodities – MarketWatch

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European stocks climbed Monday, with the trading week opening with broad-based gains led by commodity shares and retailers. The Stoxx Europe 600 SXXP, +0.71% leapt 0.8% to 391.56, with investors picking up shares of oil and gas and mining stocks. Such moves were also aiding gains for the U.K.’s FTSE 100 UKX, +0.62% which rose 0.8% to 7,525.61. Topping the Stoxx 600 was Ocado Group PLC OCDO, +7.11% rising 6.4% as the British online grocery company is considered a takeover target in the wake of Amazon.com Inc.’s AMZN, +2.44% deal last week to buy upscale grocery chain Whole Foods Market Inc. wfmi In Brussels Monday, U.K. officials will begin Brexit talks with European officials. France’s CAC 40 PX1, +0.92% popped up 1% to 5,317.71, after French President Emmanuel Macron’s upstart party won a strong majority in parliamentary elections on Sunday. Germany’s DAX 30 DAX, +0.94% moved higher by 0.8% to 12,860.98, on course to notch a record close.