LONDON — European stocks opened slightly higher on Tuesday as regional markets tracked Wall Street's rebound at the start of the week.

The pan-European Stoxx 600 was 0.14% higher shortly after the opening bell, with most sectors and major bourses in positive territory.

The moves come after major U.S. averages rebounded on Monday , driven by strength in the artificial intelligence trade and renewed hopes of a Federal Reserve interest rate cut. Asia-Pacific markets also traded higher overnight, boosted by Wall Street's rally.

Traders continue to watch for any news that can affect the Fed's upcoming monetary policy decision. Markets are pricing in a more than 80% chance of a quarter percentage point cut from the Fed in December, according to the CME FedWatch Tool .

The pr

See Full Page