European Markets Higher; Mining Stocks Lead Gains
European markets are up today as investors seem to have recovered from their pre-Easter pessimism.
The mining stocks trimmed earlier gains of 3%, but led the pack by a margin of 2.3%. Investors are now looking forward to the U.S. Inflation data, which is set to be released on Wednesday. According to IG Data, the U.K. FTSE 100 will rise 45.9 points and reach 7,795.2. Germany's DAX is expected to increase 118 to 15,718, while France's CAC index will be up 62.7 points. Three of these stocks are on Goldman Sachs' conviction buy list.
According to Coin Metrics, the largest cryptocurrency by market capital rose 7%, to $30,193.25, for the first since June. In the coming weeks, previously-locked funds on Ethereum will be released. CNBC Pro: Tesla shares have risen over 70% in the past year. When is the right time to invest in stocks? Jihye Le