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European Stock Futures Higher; Telecom Italia in Spotlight After Approach

European stock markets are expected to open higher Monday, starting a new week on a positive tone despite the return of Covid-induced restrictions to the continent. At 2 AM ET (0700 GMT), the DAX futures contract in Germany traded 0.3% higher, CAC 40 futures in France climbed 0.4% and the FTSE 100 futures contract in the U.K. rose 0.4%. The major equity indices in Europe have shown strength of late, boosted by strong corporate earnings and helped by the European Central Bank retaining a dovish monetary policy stance.
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