European stocks rebound on upbeat earnings ahead of central bank meetings

European stocks rebounded Monday as upbeat corporate earnings lifted investor sentiment ahead of central bank policy decisions this week, with the pan-European STOXX 600 index closing 0.77% higher at 640.66 points. British tech firm Computacenter surged over 13% after forecasting annual profit above expectations, while Danish biotech Genmab rose 12% on positive trial data. German business morale also improved more than expected, boosting the DAX by 0.9%. Investors now await European Central Bank and US Federal Reserve meetings, with an ECB pause widely expected after recent rate hikes. Portuguese energy firm Galp fell 10.8% after merger talks collapsed, while analysts noted ongoing concerns about AI equity sustainability.