European Stocks Rally: Eyes on US Inflation, Euro Data Surge

European Shares Rally as Wall Street Strength Boosts Investor Confidence

European shares climbed on Monday, following a robust rally on Wall Street, as investors eagerly awaited a key U.S. inflation reading and a wave of economic data from the euro zone this week. The pan-European index ended the day with a gain of 0.5%, moving closer to the two-year highs it reached earlier in the month. Meanwhile, the euro zone blue-chip STOXX50E index rose to levels not seen since 2001. Real estate shares led the way, with a 1.6% increase in value, closely followed by retailers who enjoyed a 1.4% advance.