2017.06.1905:56:00UTC+00European Stocks Surge as Retail Shares Regain

European stocks surged Monday, as retail shares were recuperating following it experienced a selloff in the last trading session.

The FTSE 100 opened at 7,518.30, up 0.8%. Consumer goods stocks, as well as oil and gas stocks spearheaded the gains of all sectors. Last week, the index halted its four-day decline.

The Stoxx 600 gained 0.79% as all sectors and major exchanges trailed the positive territory. The French CAC index increased as French leader Emmanuel Macron's party gained the majority in the parliamentary polls.

Financial markets were unperturbed by initial news items of a major attack in London, in which a van stormed a throng of people in the park. It killed a person and injured many others.

European investors will closely monitor the political scene in the region, as the EU and Britain commence discussions on the country's departure. UK Brexit head David Davis and the bloc's main mediator Michel Barnier were slated to meet today.