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European markets open higher; StanChart, UBS in focus

European equities opened higher Tuesday, buoyed by a rally on Wall Street yesterday which also helped lifted Asian stocks overnight. Earnings from UBS and Standard Chartered were also in focus for investors.

The STOXX Europe 600 index opened 0.1 percent higher.

European stocks got a boost from their global counterparts on Tuesday. U.S. stocks closed higher by nearly 1 percent or more Monday, the first trading day of November, helped by gains in energy and health care stocks.

Asian equities advanced on Tuesday, as the morale of investors got a boost from the rally on Wall Street.

However, markets in China...