European markets opened higher on Tuesday, reversing negative sentiment in the region, but investors will be watching borrowing costs for key European economies this week as bond yields remain elevated.
The pan-European Stoxx 600 index rose 0.5% shortly after the opening bell, with most sectors in positive territory. Autos, chemicals and technology stocks led the gains.
Trading updates are due from Ocado, JD Sports, Persimmon and OMV on Tuesday. Lindt & Sprüngli is due to release its latest earnings.
European stock markets fell on Monday amid concerns over rising government bond yields and a surging U.S. dollar, with the pan-European Stoxx 600 index seeing most sectors close in the red.
Source: CNBC
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