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Aug 8 (Reuters) – European stocks opened higher on Monday, led by cyclicals and growth stocks, after falling the previous week, as a strong U.S. jobs report reignited bets on a new aggressive rate hike by the Federal Reserve.
The pan-European STOXX 600 index added 0.8%, stabilizing after breaking two weeks of gains on Friday.
Mining, technology and auto stocks, among the hardest hit last week, led gains on Monday morning.
The focus this week will be on a key US inflation data due on Wednesday, after global stock markets were hit by data on Friday that showed a big rise in US employment.
Among other values, the French energy company Veolia grew 3.3% after confirming that it will sell the British waste business Suez to the Australian Macquarie Group Ltd for about 2,400 million euros (2,445 million dollars).
(1 US dollar = 0.9821 euros)
(Reporting by Shreyashi Sanyal in Bangalore; edited in Spanish by Benjamín Mejías Valencia)