European stocks are expected to open higher Monday despite the backdrop of surging coronavirus cases in some parts of the world, and as investors approach earnings season.
on Sunday, the highest single day total for any American state since the pandemic began.
The U.S. has reported more than 60,000 new cases daily for three days in a row now, bringing the national total to more than 3 million cases, according to data from Johns Hopkins University. The World Health Organization reported a record daily rise in global coronavirus cases Sunday,Earnings season is set to kick off this week with big banks and others reporting their quarterly results. JPMorgan, Citigroup and Wells Fargo are scheduled to report on Tuesday.
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