European stocks rise 1% after Trump election victory and central bank rate cuts

European stocks rose on Monday, gaining 1% after Donald Trump's election victory and recent interest rate cuts by major central banks. Construction and materials sectors led the increase, while mining stocks saw a slight decline. The Stoxx 600 index had previously recorded three consecutive weekly losses as investors considered potential tariffs from Trump. This week, attention will turn to new economic data, including inflation figures from Germany and the U.S. In the U.S., stock futures were slightly higher following a strong rally last week, with the Dow and S&P 500 reaching record highs. Meanwhile, Asia-Pacific markets fell due to disappointing stimulus measures and lower-than-expected inflation in China.