LONDON Nov 19 European stocks rose early on Monday, bouncing from a 3 1/2-month closing low, on signs political negotiations to overcome major fiscal policy disagreement in the United States had started well.
On Friday, leaders of the U.S. Senate and House said they would be flexible in efforts to settle fiscal policy differences to avert a $600 billion 'fiscal cliff' of tax hikes and spending cuts, sparking a late rally on Wall Street.
"The rebound should be quite significant because there are new hopes regarding the fiscal cliff and last week was quite bad," a London-based trader said.
He expected France's CAC 40, up 1 percent at 3,374.00 points at 0801 GMT, to rise between 1 and 2 percent in the very short term, with Thursday's close at 3,400 points as a possible target.
The pan-European FTSEurofirst 300 index, which fell 2.7 percent last week, was up 0.8 percent, led by cyclical sectors including basic resources and banks.
Google launches service to take internet to India malls, cafes
MUMBAI, Sept 27 Google, a unit of Alphabet Inc , said on Tuesday it launched Google Station in India, a service that aims to deepen its reach across the country, as the search giant seeks to bring more people on to its Google platform.
UPDATE 1-UK Stocks-Factors to watch on Sept. 27
Sept 27 Britain's FTSE 100 index is seen opening up 44 points on Tuesday, or as much as 0.7 percent, according to financial bookmakers, with futures also up 0.7 percent ahead of the cash market open.