European markets close lower amid Middle East turmoil

Shares of oil and gas company Energean plummeted more than 20% after it announced that production, supply and work offshore would continue after the attack on Israel. The company said that the area where it operates, in the northern region of Israel, is not currently under attack.

Energean is listed on both London and Tel Aviv's stock exchanges.

While Energean fell to the bottom of the Stoxx 600 index, fuel-related worries hit shares of U.S. cruise operators Norwegian Cruise Line Holdings, Carnival and Royal Caribbean Group, which were each down between 4.1% and 6.2%.

— Hannah Ward-Glenton

U.S. stocks opened lower on Monday.

• The S&P 500 was down 0.4%, or 15 points.
• The Dow Jones Industrial Complex was hovering just under flat, down 6 points.
• The tech-heavy Nasdaq inched lower by 1%, or 124 points.

— Pia Singh

Shares of German automotive parts maker Vitesco were 20.3% higher in early afternoon trade, after its majority shareholder, fellow German auto group Schaeffler, announced a 3.64 billion euros ($3.83 billion) takeover offer for the company.

Schaeffler shares were 3.7% lower.

"We have launched this takeover bid this morning to create a leading motion technology company," Schaeffler CEO Klaus Rosenfeld, told CNBC's "Squawk Box Europe."

Schaeffler wants to establish the market leader in automotive supply for e-mobility technology, Rosenfeld said, while forming three other divisions across trains, aftermarket and industrial solutions and bearings.

See the full interview above.

— Jenni Reid

Shares of the U.K.'s Metro Bank were 22.65% higher at 9:34 a.m. London time, on an announcement it had secured a a £325 million ($395.6 million) capital raise and £600 million in debt refinancing.

That comes after choppy trade last week on reports it was seeking a major funding package.

The deal will see some bondholders take a 40% haircut, while the bank said it is in discussions over the sale of up to £3 billion of residential mortgages.

Read the full story here.

— Jenni Reid

European stocks were lower early Monday, with the benchmark Stoxx 600 index falling 0.4%.

Most sectors traded lower except oil and gas, keeping the U.K.'s energy-heavy FTSE 100 at a 0.3% loss as Germany's DAX and France's CAC 40 shed 1% and 1.1%, respectively.

— Jenni Reid

Attractive returns and the breadth of opportunities are among the many reasons the U.S. has long reigned supreme for investors.

However, according to one strategist, a different market has much better valuations right now.

CNBC Pro subscribers can read more here.

— Amala Balakrishner

The next 10 years will be unlike the last two decades for investors, according to investment advisors and wealth managers.

Charles-Henry Monchau, chief investment officer at Swiss private bank Syz, said investors risk making long-term decisions with a "cognitive bias" and urges those investing $1 million over the next decade not to extrapolate too much from recent history.

Jamie Cox, financial planner at Harris Financial Group, believes international stocks will outperform U.S. stocks in the coming decade as rising rates and inflation change market dynamics.

Both share with CNBC Pro their thoughts on how investors with $1 million should invest over the next decade.

Subscribers can read more here.

— Ganesh Rao

European markets are expected to open higher Thursday.

The U.K.'s FTSE 100 index is expected to open 22 points higher at 8,442, Germany's DAX up 26 points at 18,896, France's CAC 7 points higher at 8,244 and Italy's FTSE MIB up 64 points at 35,091, according to data from IG.

Earnings are due from Swiss Re, Zurich Insurance, Siemens, Deutsche Telekom, BT and EasyJet, among others. There are no major data releases.

— Holly Ellyatt