European stocks rise for second day following Wall Street's records

European stocks rose on Monday, for the second straight day, thanks to improved market sentiment, after US stocks hit all-time highs.

The Stoxx Europe 600 index rose 0.2% as of 11:45 GMT, after closing higher by 1.3% on Friday, thanks to a rebound in the traveling and automotive sectors.

The pan European index rose 0.2% last week, in the second straight weekly gain, thanks to a sharp drop in the US Treasury bond yields.

The tech sector saw the largest gains in Europe today, with a jump of more than 0.75%, thanks to the tech companies' rally.

S&P 500 futures fell today by 0.1%, after the index ended higher by 1.1% on Friday, and hit a new record high at 4,371.6 points.

Back to Europe, the Euro Stoxx 50 index rose 0.1%, France's CAC 40 rose 0.1%, and Germany's DAX index rose 0.2%, while the UK's FTSE 100 fell 0.4%.