European markets closed slightly higher on Monday amid upcoming monetary policy meetings of the U.S. Federal Reserve and the European Central Bank later this week.

London's FTSE 100 rose 8.33 points, or 0.11 percent, to 7570,69.<> points.

In Frankfurt, DAX reported an increase of 148.03 points, or 0.93 percent, to 16,097.87 points.

Wall Street opens mixed after surge in U.S. unemployment claims

The Paris DAX 40 added 37.21 points, or 0.52 percent, to 7250,35.<> points.

The pan-European Stoxx 600 index ended up 0.2 percent, with most sectors in positive territory. Car stocks led the gains with an appreciation of 1.4 percent.

Meanwhile, shares of oil and gas companies fell 1.3 percent as crude prices collapsed, with North Sea Brent futures losing 2.8 percent to 72.64 percent a barrel.

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