European stock indices rose modestly at the start of trading on Monday.
European markets saw a slight rise in European stocks following Trump's threats last weekend to impose new tariffs and his warnings regarding Greenland.
The most active stocks were British and German. The German DAX index rose by 0.20% to trade near 24,985, while the British FTSE 100 index climbed by 0.15% to trade near 10,205.
One of the most important European indices was the Stoxx 500, which also rose today to trade near 5,969. Further gains are expected, potentially pushing the index closer to the 6,000 level.
As for individual stocks, the most notable global gainer was S4 Capital PLC, which saw a significant surge of over 42%.
The markets also saw Spire Healthcare Group plc shares rise by more than 18%.
Technical Outlook for the DAX and FTSE Indices
As mentioned above, European indices saw some movement today, most notably the UK's FTSE and Germany's DAX.
Technically, the outlook remains bullish in the medium and long term. Therefore, we continue to recommend buying the indices on any correction.
Current forecasts indicate the German DAX will rise to the 25,200 level, while the UK's FTSE is expected to climb to its previous high near $10,280.
