European markets to open higher upon Biden’s presidential win

European stocks are forecasted to open higher on Monday as markets across the globe have started surging after Joe Biden’s U.S presidential election victory.London’s FTSE is observed 79 points higher at 5,984, Germany’s DAX soared 208 points at 12,686, France’s CAC 40 added 88 points at 5,042 and Italy’s FTSE MIB jumped 294 points at 19,959, according to IG.Meanwhile, European markets are expected to track their global counterparts higher on Monday as investor sentiments started revolving around the new president-elect and Democrat Joe Biden’s defeat of incumbent Donald Trump in the U.S. presidential race, as per NBC projections.Stocks in Asia-Pacific progressed on Monday and U.S. stocks continued with their big post-election rally as futures went up in early morning trade, as reported by CNBC.Futures on the Dow Jones Industrial Average ascended 403 points, showcasing an opening gain of about 388 points on Monday. S&P 500 futures and Nasdaq 100 futures also added.(Reference: CNBC)