The index was lifted higher by financial services and homebuilder stocks
The central bank was likely to lift its growth forecasts again in December
Global economic growth was stronger than expected in the third quarter
Global markets are awaiting the outcome of the Fed’s final meeting of the year
The Swiss National Bank will deliver its latest policy update on Thursday
The central bank is also focused on a softening labor market
Stellantis soared 7.7%
Other big movers include defense stocks Rheinmetall
The U.K.’s FTSE index hit a new record high on Monday
Commerzbank jumped 6.2%
Rightmove slumped nearly 12%
The U.K.’s FTSE 100 index closed the session marginally higher
Regional markets had ended last week higher
Sanofi rose 2.7% on a Q3 profit beat
L’Oreal stock finished down by 6.7%
Danish pharmaceutical giant Novo Nordisk was 1.3% lower
German life sciences firm Sartorius gained 9%
Italy's FTSE MIB closed 0.4% lower
Ericsson surged 16%
Semiconductor maker ASML climbed 3.2%
Mining shares also weakened, with the Stoxx Europe Basic Resources index down more than 1.5%.
Jamie Dimon warned about risks of a US stock market fall.
Allianz, Santander, UniCredit, AXA, and BBVA gained between 2% and 1.8%
Shell gained 1.4%
Austria’s Raiffeisen Bank advanced 7.4%
The pan-European STOXX 600 closed up 0.4%
Porsche sank over 8%
French President Emmanuel Macron will now have to appoint France’s fifth prime minister in less than two years
Retail stocks led gains, up 1.65%
Pharmaceuticals exported from the EU to the U.S. will see tariffs capped at 15%