KEEPING THE GAINS GOING
Europe's STOXX 600 TVC:SXXP is trying to extend the gains that carried it to record highs last week - so far on Monday it is up 0.2%, which yes, means that another intraday record has been reached already.
Aerospace and defence (.SXPARO) and media (.SXMP) stocks are leading gains, both up around 1.4%, while utilities (.SX6P) are down by 0.9%, making them the biggest sector decliner.
Most of Europe's major indices are trading in the green: the FTSE CURRENCYCOM:UK100 and DAX XETR:DAX are both up 0.4% and the CAC 40 EURONEXT:PX1 is up 0.6%.
With things looking comparatively calm on the geopolitical and macro front, traders are focused on company news.
Shares in easyJet LSE:EZJ are up 9.5% after the British budget airline agreed in principle to a takeover proposal from U.S. investment firm Castlelake over the weekend.
Meanwhile BE Semiconductor EURONEXT:BESI are down 6.3% after a media report flagged a potential delay to the adoption of hybrid bonding, one of the company's key growth drivers.