European markets head for positive open, following global trend higher

European markets head for positive open, following global trend higher

LONDON — European stocks are expected to open higher on Monday, following positive momentum in other global markets. London's is seen opening 27 points higher at 7,154, Germany's 56 points higher at 15,438, France's  up 27 points at 6,389 and Italy's 100 points higher at 24,483, according to IG. The positive start to the trading week in Europe reflects bullish sentiment elsewhere. inched higher in the overnight session Sunday evening, suggesting that the major U.S. equity indexes could trade at or near records when regular trading opens in New York. The moves in extended trading came after last week's trading ended on an upbeat note with both the Dow Jones Industrial Average and the S&P 500 . A far-weaker-than-expected April jobs report, which showed that U.S.  last month also spurred expectations that interest rates would stay lower for longer. Economists polled by Dow Jones had expected 1 million additions. were also trading broadly higher on Monday, shrugging off the weaker-than-expected April U.S. jobs reports; while oil futures advanced  following a cybersecurity attack. On the earnings front in Europe, Euronext releases an update while Norway, Portugal and Denmark release inflation data.