Across the region, Germany’s DAX fell 0.2%, while Britain’s FTSE 100 and France’s CAC 40 were essentially flat.
Within the STOXX 600, basic commodity companies rose 0.7%, reflecting the strength of precious metals prices.
The technology and healthcare sectors also provided support to the broader market.
Meanwhile, the defense and space sector lost 1.3% after US President Donald Trump said on Sunday that he and Ukrainian President Volodymyr Zelenskiy were “very close” to an agreement to end the war in Ukraine, while acknowledging that the fate of the Donbas region remains a major outstanding issue.
Investors’ focus in this holiday-shortened week will be on Tuesday’s release of the minutes of the Federal Reserve’s latest meeting. The US central bank cut rates earlier this month and forecast only one more cut next year, while traders have priced in at least two more and expect the next Fed chairman to remain dovish.
Among other gainers, biotech company Abivax rose 3.2% and was among the top gainers on the benchmark index.
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