Key facts
- The STOXX 600 index rose 0.65% on Monday.
- Bank shares helped to offset higher oil prices.
- The index closed at 635.65 points.
- This marks the second consecutive day of gains for the STOXX 600.
Europe's equity benchmark, the STOXX 600, rose on Monday, extending its gains for a second consecutive session. The index closed 0.65% higher at 635.65 points. A notable increase in bank stocks helped to absorb the negative impact of higher oil prices. Investors are now anticipating a week focused on corporate earnings, which could shape market sentiment amid renewed tensions in the Middle East.