{"id":123483,"date":"2021-05-03T07:38:44","date_gmt":"2021-05-03T07:38:44","guid":{"rendered":"https:\/\/precoinnews.com\/?p=123483"},"modified":"2021-05-03T07:38:44","modified_gmt":"2021-05-03T07:38:44","slug":"european-markets-open-higher-uk-market-closed","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/european-markets-open-higher-uk-market-closed\/","title":{"rendered":"European markets open higher; UK market closed"},"content":{"rendered":"<ul>\n<li>European stocks opened higher on Monday on the first trading day of May; U.K. markets are closed for the May Day public holiday.<\/li>\n<li>Germany&#x27;s DAX and France&#x27;s CAC 40 both opened 0.2% higher while Italy&#x27;s FTSE MIB opened slightly above the flatline.<\/li>\n<\/ul>\n<p>LONDON \u2014 European stocks opened higher on Monday on the first trading day of May, with the U.K. closed for the May Day public holiday.<\/p>\n<p>Germany&#x27;s DAX and France&#x27;s CAC 40 both opened 0.2% higher while Italy&#x27;s FTSE MIB opened slightly above the flatline.<\/p>\n<p>The buoyant start to the trading day in Europe follows a similarly positive trend elsewhere overnight with U.S. stock futures moving higher in overnight trading as investors readied for the first trading day of May.<\/p>\n<p>Despite Friday&#x27;s weakness in equities, the S&amp;P 500 notched its third straight month of gains in April, adding more than 5% to the index as investors bet on a big economic and profit recovery from the pandemic.<\/p>\n<p>Investors will also be monitoring the next batch of corporate earnings stateside Monday, and data releases that include U.S. manufacturing PMI data for April which will be released at 9:45 a.m. ET.<\/p>\n<p>Meanwhile, stocks in Asia-Pacific slipped in Monday trade, with major markets in China, Thailand and Japan closed for holidays.<\/p>\n<p>Investors in Asia-Pacific continued to monitor the Covid situation in India as the country continues to battle a deadly second wave of infections. Over the weekend,\u00a0more than 400,000 daily new cases were registered for the first time.<\/p>\n<p>On a quiet day for European earnings, Siemens Healthineers releases its latest earnings report. Data releases include German annual retail sales in March and French export and import data for March.<\/p>\n<p><em>Subscribe to\u00a0<\/em><em>CNBC PRO<\/em><em>\u00a0for exclusive insights and analysis, and live business day programming from around the world.<\/em><\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/05\/03\/european-markets-head-for-higher-open-uk-market-closed.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks opened higher on Monday on<\/p>\n","protected":false},"author":3,"featured_media":123482,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>European markets open higher; UK market closed - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/european-markets-open-higher-uk-market-closed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European markets open higher; 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