European stocks are set to open higher on Monday, tracking positive sentiment around the world to begin the month.
In Europe, automakers' lobby CCFA-PFA said Sunday that the global semiconductor shortage and surging infections are hindering rebound prospects for the French auto market.
Meanwhile, the U.K.'s Sunday Times has reported that private equity firm Clayton, Dubilier & Rice is preparing a fresh counteroffer to take over British supermarket chain Morrisons.
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