European stocks rise across the board, led by commodities

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European stocks climbed Monday, with the trading week opening with broad-based gains led by commodity shares and retailers. The Stoxx Europe 600












SXXP, +0.89%










leapt 0.8% to 391.56, with investors picking up shares of oil and gas and mining stocks. Such moves were also aiding gains for the U.K.’s FTSE 100












UKX, +0.73%










which rose 0.8% to 7,525.61. Topping the Stoxx 600 was Ocado Group PLC












OCDO, +6.82%










rising 6.4% as the British online grocery company is considered a takeover target in the wake of Amazon.com Inc.’s












AMZN, +2.44%










deal last week to buy upscale grocery chain Whole Foods Market Inc.












wfmi










In Brussels Monday, U.K. officials will begin Brexit talks with European officials. France’s CAC 40












PX1, +1.12%










popped up 1% to 5,317.71, after French President Emmanuel Macron’s upstart party won a strong majority in parliamentary elections on Sunday. Germany’s DAX 30












DAX, +0.95%










moved higher by 0.8% to 12,860.98, on course to notch a record close.


Source: marketwatch.com