FTSE 100 up 0.52%; DAX up 1.11%; CAC 40 up 0.50% (Il Sole 24 Ore Radiocor) - Milan, 26 Jun - European shares opened higher in cautious trade, rebounding from yesterday's losses after gains in Asia and on Wall Street overnight. The Stoxx 600 index was up 0.44%.

The region's stock markets tracked a tech-led rally on Wall Street overnight as the Nasdaq Composite index bounced back from its worst day since April and tech darling Nvidia recouped yesterday's sharp losses.

Investors looked ahead to the first US presidential debate on Thursday and the first round of voting in the French election next weekend.

Marine Le Pen's far-right National Rally (Rassemblement National) party and its allies were seen leading the first round of the country's elections with 35.5% of the vote, according to a poll published on Sunday.

On the data front, the German consumer sentiment index published jointly by GfK and the Nuremberg Institute for Market Decisions unexpectedly fell to -21.8 heading into July from a slightly revised -21.0 in June, halting a four-month surge.

Traders are now awaiting fresh US inflation data due on Friday with the release of May's personal consumption expenditures price index, the Federal Reserve's preferred inflation gauge.

In European stock market dealings most sectors were higher, with tech and industrials shares among the biggest advancers while car makers dropped.

At 0735 GMT the London FTSE 100 was up 0.52% at 8,290 points, the Frankfurt DAX was up 1.11% at 18,363 points, the Paris CAC 40 up 0.50% at 7,700 points, while in Milan the FTSE MIB was up 0.28% at 33,800 points, and in Madrid the IBEX 35 was up 0.44% at 11,168 points.

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(RADIOCOR) 26-06-24 10:02:38 (0203) 5 NNNN