LONDON — European markets were higher Tuesday, rebounding slightly from lackluster trade in the previous trading session.
The pan-European Stoxx 600 rose marginally in morning deals, with the majority of sectors trading in positive territory. Travel and leisure stocks gained 0.9%, while oil and gas fell 0.3% on the back of Red Sea shipping concerns.
Markets are winding down before the Christmas holidays, although international gatherings of senior officials continue, with finance ministers and central bank governors from the Group of Seven industrialized nations meeting Tuesday.
Overnight in the Asia-Pacific region, Japan’s Nikkei 225 index jumped 1% Tuesday after the the Bank of Japan left its main policy rate unchanged at its final meeting of the year. U.S. stock futures hovered near the flatline on Monday evening.
