PARIS — Major European markets were up in morning trading on Monday, following a three-day weekend on the continent and in the run-up to a U.S. jobs report that is scheduled for release at the end of this week.
The DAX in Frankfurt led the way, gaining 0.8 percent to 11,551.12, followed by Milan’s FTSE MIB, which advanced 0.5 percent to 23,149.07 and Paris’ CAC 40, 0.4 percent to 5,064.57.
London’s FTSE 100 was closed on Monday due to a bank holiday.
At 11:45 a.m. CET, the euro traded for $1.11.
Most retail and luxury stocks were also on the rise, with the morning’s biggest gainers including Salvatore Ferragamo, up 3.9 percent to 28.93 euros; Luxottica Group, 1.5 percent to 59.90 euros, and Brunello Cucinelli, 1.6 percent to 16.78 euros.
Aeffe, meanwhile, was down 0.2 percent to 2.37 euros.