The pan-European STOXX 600 index gained 0.4%, with
personal and household goods and travel and leisure
stocks leading gains.
AXA rose 1.7% after Europe's second-biggest
insurance company said its first-quarter sales rose 2% as growth
of its property and casualty policies offset a fall in revenue
from savings products in France and Italy.
Siemens Energy AG inched up 0.9% after the energy
group raised its sales outlook and its order backlog hit a
record at 102 billion euros ($112.28 billion).
Also aiding the mood, data showed Germany's wholesale price
index fell slightly in April, the first year-on-year drop since
December 2020, while another set showed consumer prices in
Sweden eased more than expected in April.
Talks over the U.S. debt ceiling between President Joe Biden
and lawmakers looked likely to resume on Tuesday, while broader
markets shrugged off uncertainties as Turkey's presidential
election appeared headed for a runoff.
($1 = 0.9084 euros)
(Reporting by Sruthi Shankar in Bengaluru; Editing by Sonia
Cheema)
(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
May 15 (Reuters) - European stocks rose on Monday as
investors assessed uncertainties around U.S. debt ceiling talks
and a runoff election in Turkey, while awaiting data this week
for clues on the state of the global economy.
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