European stocks edged higher on Tuesday, extending gains into a second session, with the STOXX 50 up 0.2% and the STOXX 600 advancing 0.5%. Investors weighed a fresh round of corporate news while keeping a close watch on France's deepening political turmoil, after yet another prime minister lost a confidence vote on Monday, which will force President Macron to appoint the country's fifth PM in less than two years.
Markets also face a heavy week of economic events, including the ECB's policy decision, US inflation data, and revisions to payrolls. On the corporate front, Novartis (-0.4%) agreed to acquire biopharmaceutical group Tourmaline Bio, Anglo American (+5.5%) reached a merger deal with Canada's Teck Resources, and Monte dei Paschi di Siena (+4.5%) secured a 62% stake in Mediobanca (+4.3%).
Source: Trading Economics
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