European markets set to kick off Monday on a flat note, after record highs last week

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The City of London fiscal territory astatine sunrise.

Alexander Spatari | Moment | Getty Images

LONDON — European stocks are expected to unfastened successful level territory connected Monday arsenic determination markets look for momentum aft a bid of affirmative sessions past week.

The U.K.'s FTSE index, Germany's DAX, France's CAC 40 and Italy's FTSE MIB are each seen opening astir the flatline, according to information from IG.

European stocks closed higher connected Friday with the pan-European Stoxx 600 ending the league up 0.5%, marking the index's 5th consecutive time of gains. On Thursday, the scale reached an all-time precocious during the trading session.

Major bourses crossed the portion made gains connected Friday. London's FTSE 100 index — which besides deed an all-time precocious earlier past week — was up 0.7% astatine the close, portion Switzerland's SMI added 0.6% and Italy's FTSE MIB ended 0.4% higher.

It was a akin communicative successful the U.S. past week, with Wall Street besides seeing grounds highs contempt a continuing authorities shutdown.

Investors person appeared to motion disconnected worries astir the shutdown, which has delayed the merchandise of cardinal economical information — including the September jobs study — primitively owed connected Friday. U.S. banal futures were small changed Sunday night.

In Asia-Pacific markets overnight, Japan's Nikkei 225 index jumped implicit 4% to deed a grounds precocious aft the country's ruling Liberal Democratic Party elected Sanae Takaichi arsenic its caller leader, positioning her to go the country's archetypal pistillate premier minister.

In Europe connected Monday, information releases see Spanish concern accumulation figures and European and U.K. operation PMIs, reflecting concern enactment successful the sector.

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