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Staying Ahead of Stock Market Trends with Latest News, Data, and Earnings Insights

by Tim McBride
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European markets opened higher on Monday, seeking to shake off a choppy start to the year for stocks. The Stoxx 600 index ticked up 0.3% in early deals, with technology and autos sectors leading the gains, up 1.4% and 1.3% respectively. Neste, a Finnish fuel producer, led the gains, up nearly 5%, following last week’s announcement of its biggest ever contract for sustainable aviation fuel. The Stoxx 600 had a mixed performance last week, ending 0.2% higher. Traders are looking for more clues on the global economy’s direction and bracing for the return of Donald Trump to the White House. This week’s data and earnings calendar is relatively quiet, with readings on Spanish business activity and German inflation due. Overnight, Asia-Pacific markets were mixed, with investors assessing business activity data from China and Hong Kong. U.S. equity futures were little changed, ahead of the December jobs report on Friday and other key data releases.

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