European stock markets rallied on Monday as easing tensions between the United States and Iran lifted investor sentiment, while a sharp decline in oil prices supported sectors sensitive to fuel costs. According to Reuters, investors also turned their attention to a crucial week of quarterly earnings from major U.S. technology companies that could shape the outlook for global equity markets.
The pan-European STOXX 600 index rose 0.8% to 649.34 in early trading, with most sectors trading in positive territory.
