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The Economic Times
The Economic Times
Anupam Nagar

Global Market: European stocks edge up; Schneider plunges after PTC deal

European shares edged higher on Monday, recovering some of last week's losses, although French equities came under pressure as concerns over the country's fiscal position weighed on sentiment, according to a report by Reuters.

The pan-European STOXX 600 index rose 0.2% to 632.42 points by 0720 GMT, with most major regional benchmarks trading flat to higher, as per the report. The index had posted its biggest weekly decline in a month last week as rising bond yields heightened concerns over inflation and deteriorating fiscal positions.

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