Following a selloff late last week, investors halted and turned their attention to what long awaited jobs data from the United States would tell about the state of the greatest economy in the world.
As a result, European markets had a stable start on Monday. By 08:06 GMT, the pan European STOXX 600 had risen 0.1% to 575.78 points.
Global markets saw a selloff last week due to concerns that the Federal Reserve is unlikely to cut interest rates soon and that the technology sector is overpriced. On Friday, European stocks recorded their largest daily loss in more than a month.
The September U.S. jobs report and an earnings report from global AI leader Nvidia are expected to put investors risk appetite to the test this week.
Media stocks dominated sectoral gains, with the British advertising behemoth WPP leading the way with a 4% increase following a report that said French rival Havas and some private equity groups were interested in acquiring the company.
The Swedish defense company's stock increased by 5.8% after Saab won a €3.1 billion contract with the Colombian government to supply 17 Gripen fighter jets over the following five years.
