European stocks closed higher Monday, despite a rising coronavirus death toll and surging cases in the U.S.

The pan-European Stoxx 600 provisionally closed up 0.6%, with most sectors and major bourses in positive territory. Bank stocks were the top performers, climbing more than 2%.

Investors are digesting news that the coronavirus has now killed more than 500,000 people around the world, according to data compiled by Johns Hopkins University. The number of confirmed infections has also exceeded 10 million.

Source: CNBC