European bourses opened September in positive territory, with both the STOXX 50 and STOXX 600 rising nearly 0.3% after modest gains in August. Trading is expected to remain subdued today, as US markets are closed for Labor Day and few economic data releases are scheduled, aside from stronger-than-expected Q2 GDP growth in Turkey.
Investors are now looking ahead to this week's US jobs report, which will help shape expectations for the Federal Reserve's next policy move. On the corporate front, Novo Nordisk shares gained 2.9% after the company reported that its weight-loss drug Wegovy reduces the risk of heart attack. AstraZeneca, Siemens, Airbus, and UniCredit were also up nearly 1%, while ASML Holding slipped 0.3%.
Source: Trading Economics
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