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European stock market open: Stocks rally as oil retreats and US futures climb

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European stock market open: Stocks rally as oil retreats and US futures climb
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European equities opened the week higher as easing oil prices and firmer U.S. futures improved sentiment. Most major benchmarks were up broadly: Eurostoxx gained 0.9%, Germany’s DAX rose 0.8%, France’s CAC 40 added 0.6%, the UK’s FTSE climbed 0.4%, Spain’s IBEX increased 0.7%, and Italy’s FTSE MIB was up 0.7%. The key tailwind came from crude, with Brent down around 2% near $102, helped by signs Saudi supply flows could recover and Gulf exports holding up. Bond markets were steadier than last week, with 10-year Treasury yields at 4.97% and German 10-year yields at 3.47%.

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