European shares cautious as US debt ceiling talks restart

European equities traded cautiously on Monday, as traders hoped the US Federal Reserve might soon halt its tightening campaign, while Greece’s stock market soared following the parliamentary election.

Europe’s region-wide Stoxx 600 gained 0.1 per cent, recouping early morning losses, yet France’s Cac 40 and Germany’s Dax both lost 0.1 per cent.