European stocks opened higher, with the Germany DAX index and the Euro Stoxx 50 index up nearly 2%, the UK FTSE 100 index up 0.66%, and the Italy FTSE MIB index up 1.5%. In addition, the Israeli stock market opened higher, with the Tel Aviv 125 index rising 1.4%. Dubai's main stock index rose 3.1% in early trading. The Saudi Arabian benchmark index rose 2.1% in early trading.
