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Europe Markets: European stocks on course for 5th straight gain, unfazed by Brexit negotiator’s exit

European stocks headed higher Monday, on course to post a fifth straight advance, with U.K. stocks faring well in the wake of the sudden resignation of David Davis, the U.K.’s top negotiator with the European Union over Brexit.

How markets are moving

The Stoxx Europe 600 index SXXP, +0.58% rose 0.6% to 384.51, paced by gains for tech and consumer services shares. But the utility and telecom sectors were lower. The pan-European index on Friday gained 0.2%, and finished last week with a rise of 0.6%.

France’s CAC 40 index PX1, +0.56% added 0.6% to 5,405.51, while Germany’s DAX 30 index DAX, +0.25% rose a more modest 0.2% to 12,517.49.

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