European markets traded cautiously higher Monday after U.S. President Donald Trump announced that proposed tariffs on Mexican imports would be suspended indefinitely.
The pan-European Stoxx 600 edged 0.2% higher during the session, basic resources leading gains with a 1.2% rise while utilities fell 0.7%.
German stocks were closed for a holiday.
In terms of individual stocks, Danish biotech company Novozymes continued to slide. falling 6.7%, while Swiss vacuum manufacturer Vat Group rose 3.9%.