European markets poised to begin the week with optimism.

European stocks are predicted to rise on Monday, despite negative sentiment in Wall Street and Asia-Pacific markets.

According to IG's data, the U.K.'s index has opened 38 points higher at 8,204, Germany's index has increased by 38 points to 18,319, France's index has risen by 23 points to 7,364, and Italy's index has climbed by 10 points to 33,327.

Despite a weak start to the new trading week in the Asia-Pacific region, markets later rebounded and saw higher open seen for regional markets.

Although U.S. nonfarm payrolls increased by 142,000, falling short of the 161,000 gain predicted by economists surveyed by Dow Jones, the unemployment rate decreased to 4.2%, in line with expectations. However, this data has sparked concerns about a slowing labor market in the U.S.

On Sunday night, U.S. stock futures were lower after a challenging week for markets in the country. The S&P 500 fell 4.3%, marking its worst week since March 2023. The Nasdaq Composite plummeted 5.8%, registering its worst weekly performance since 2022, while the 30-stock Dow dropped 2.9%.

There are no major earnings or data releases in Europe Monday.