European shares close higher for fourth straight day
European equities closed higher for a fourth consecutive session on Monday, as upbeat U.S. sentiment data buoyed investors' spirits.
The pan-European FTSEurofirst 300 index closed provisionally higher by 0.6 percent at 1,295.48 points. The day's trade was thin, with the holiday season fast approaching.
(Read more: Track US markets live with CNBC)
The U.S. Commerce Department reported that consumer spending tallied its biggest increase in five months in November, rising 0.5 percent after advancing by 0.4 percent in October.
Apple shares gained after the tech giant confirmed it had struck a long-awaited deal with China Mobile to sell its smartphones in China. In Europe, Apple suppliers ARM Holdings and Dialog were boosted by the news, closing higher by around 3.9 percent and 3.4 percent respectively.
(Read More: China Mobile to carry Apple's iPhone from January)