European markets set for higher open, looking to rebound from last week's losses

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European stocks are set to open higher Monday, looking to recover from their worst week since mid-June, with a global rise in coronavirus cases and political developments stateside on investors' radar.

index closed 3.7% lower for the week on Friday after a choppy session, with global markets roiled by a resurgence in coronavirus cases on the continent and further afield.

The U.S. has also seen a rise in daily cases ahead of Tuesday's first presidential debate between President Donald Trump and Democratic challenger Joe Biden, with a Supreme Court fight also looming over Republican efforts to replace the late Justice Ruth Bader Ginsburg with conservative Amy Coney Barrett before the Nov. 3 election.

 

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