European stocks open higher as U.S. government shutdown end nears
European stocks maintained their positive momentum as an end to the U.S. government shutdown is in sight.
The pan-European Stoxx 600 index was up 0.5% shortly after Tuesday morning’s opening bell, with most major bourses and sectors in positive territory.
The U.K.’s FTSE index had risen 0.9% by 8:07 a.m. in London (3:07 a.m. ET), with Germany’s DAX up 0.1%, France’s CAC 40 up 0.3% and Italy’s FTSE MIB 0.4% higher.
On Monday night, the U.S. Senate passed a bill to fund the federal government through January and end the longest shutdown in U.S. history.
The bill, which passed 60-40 with support from a handful of Democratic senators and nearly all Republicans, will be sent to the House of Representatives. If it passes the House, the bill will head to President Donald Trump to be signed into law.
Source : Cnbc.com
