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European Indices Uniformly Higher

EQUITIES

Continental stock markets are higher across the board early Monday, with the EuroStoxx50 adding 1.3% at the midpoint of the trading day. Spanish, Italian markets are lagging slightly, but still trade higher by 0.6% apiece.

Across Europe, the materials and tech sectors are trading well, with the former receiving a boost from the gap higher in silver prices. Silver trades higher by close to 10% as the wave of retail buying switched from single stock names to silver over the weekend.

In the US, the e-mini S&P is higher by 35 points or so at pixel time, to rise back above the 50-dma after Friday's close below was the first since late October. Friday's high is still a way off at 3777.25.

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