Entrance to the London Stock Exchange Group building on December 8, 2024.
Manuel Romano | norphoto | Getty Images
European markets opened higher on Tuesday, in a shortened Christmas Eve trading session.
At the opening bell, the European Stoxx 600 index rose about 0.3%, with all sectors in positive territory. Technology stocks were among the stocks that led the gains Strong trading session Monday for US-listed technology stocks.
Stocks in Europe ended Monday's session slightly higher, with investors reacting further Disappointing economic news From the United Kingdom, the Stoxx 600 index rose thanks to a rebound in the share price of pharmaceutical giant Novo Nordisk.
Novo Nordisk shares resumed their rally on Tuesday, rising to the top of the Stoxx 600 during early trades and rising 5.7% by 8:09 a.m. London time. Shares of the Danish pharmaceutical giant were recovering The big sell-offs witnessed last weekwhich followed disappointing results from a trial of the weight-loss drug CagriSema.
No economic data is expected from Europe on Tuesday.
Overnight in AsiaStocks were in mixed territory as investors watched Monetary policy forecasts in Japantrending A merger between automobile giants Honda and Nissan and Consumer confidence deteriorates in South Korea.
Trading is expected to be quiet across the world this week as many markets close early on Tuesday and will remain closed on Wednesday for Christmas.
