European markets opened higher on Monday as the new trading week kicked off, with investors weighing geopolitical turmoil.
Shortly after markets opened, the pan-European Stoxx 600 was up by around 0.3%, with all major regional bourses and most sectors trading in positive territory.
Traders will be assessing geopolitical upheaval in the Middle East after the ousting of Syrian President Bashar al-Assad over the weekend. Western leaders have greeted the overthrow of the Assad dynasty by rebel forces with caution, fearing a power vacuum and more instability in the region.
Meanwhile, Asia-Pacific markets were mixed overnight. South Korea's Kospi stock index fell over 2% after President Yoon Suk Yeol survived an impeachment vote over the weekend.
U.S. stock futures were little changed Sunday night after the S&P 500 and Nasdaq Composite posted their third straight winning week, ahead of key inflation data due Wednesday.
The November consumer price index, due out Wednesday, is expected to show a slight uptick in pricing pressures. Economists polled by Dow Jones expect a 0.3% and 2.7% monthly and yearly increase, respectively. That would be up from 0.2% and 2.6%, respectively, from the prior month.(Cay) Newsmaker23
Source: CNBC
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