LONDON — European markets opened higher on Friday as a record-setting previous session for the U.S. buoys sentiment.
The pan-European Stoxx 600 was 0.2% in positive territory at the opening bell.
Global investors will be watching the latest developments between Ukraine and Russia on Friday amid warnings by NATO Secretary General Mark Rutte that Europe must be prepared for war.
“Russia has brought war back to Europe, and we must be prepared for the scale of war our grandparents or great-grandparents endured,” he said.
It comes as Russia’s central bank has said Europe’s plan to use frozen Russian assets to help Ukraine was illegal. European Union governments want to agree on the proposal on Friday, per reports.
