European stocks edge higher

European stock markets edged higher Monday, but gains were tepid as investors digested China setting a modest growth target for economic growth this year ahead of the release of Eurozone retail sales data. 

At 03:40 ET (08:40 GMT), the DAX index in Germany traded 0.3% higher, the CAC 40 in France climbed 0.5%, while the FTSE 100 in the U.K. traded largely flat.

European equities kicked off the new week in a hesitant fashion after Chinese government officials set a 5% economic growth target for 2023 over the weekend, at the start of the annual session of the National People’s Congress.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

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