Entrance to the London Stock Exchange Group building, December 8, 2024.
Manuel Roman | Nurphoto | Getty Images
European markets opened higher on Tuesday during the shortened Christmas Eve session.
At the opening, the pan-European Stoxx 600 was up about 0.3%, with all sectors in positive territory. Technology companies were among the growth leaders, including: strong trading session on Monday for U.S.-listed technology stocks.
European stock markets ended Monday's session slightly higher as investors reacted more disappointing economic news from Great Britain, and the Stoxx 600 index gained in value thanks to the recovery in the share price of the pharmaceutical giant Novo Nordisk.
Novo Nordisk resumed its gains on Tuesday, climbing to the top of the Stoxx 600 index in early trading and rising 5.7% by 8:09 a.m. London time. Shares of the Danish pharmaceutical giant recovered from losses last week's big salewhich followed disappointing results from a trial of weight loss drug CagriSema.
No macroeconomic data from Europe is expected on Tuesday.
Overnight stay in Asiashares were trading mixed as investors monitored the situation monetary policy prospects in Japanblockbuster merger of automotive giants Honda and Nissan AND weakening consumer confidence in South Korea.
Trading is expected to be restricted across the globe this week as many markets close early on Tuesday and remain closed on Wednesday for Christmas.