European markets open higher as U.S., Asia-Pacific stocks bounce back

FAN Editor

Commercial office buildings in the City of London, UK, on Monday, Aug. 5, 2024.

Betty Laura Zapata | Bloomberg | Getty Images

LONDON — European markets rose slightly on open, a on Fridays they looked to shake off recent choppiness and follow Wall Street and Asia-Pacific stocks higher.

The pan-European Stoxx 600 was last 0.25% higher at 8:04 a.m. London time. Regional bourses and sectors were mixed. Mining stocks led gains and added 1.61%, while travel and leisure stocks rose 1.12%.

European markets

Stock picks and investing trends from CNBC Pro:

Back in Europe, Hargreaves Lansdown and Lanxess are set to report quarterly earnings. On the data front, final July inflation prints are expected from Germany and Italy.

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