Europe stocks open higher; 10-year Treasury yield hits 16-year high

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Europe stocks open higher; 10-year Treasury yield hits 16-year high
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European stock markets opened higher Tuesday after posting cautious gains to start the week.

Meg O'Neill, CEO of Woodside Energy, discusses Australian unions' plan to strike at gas platforms, and says the company is optimistic about being able to avoid any significant industrial action, adding "but again, at the end of the day that'll be the unions' call if they want to use some of those levers that are available to them."European stock markets are set to open higher Tuesday, according to IG data.

The FTSE 100 is seen 19.5 points higher at 7,278, Germany's DAX 86.6 points higher at 15,683, and France's CAC 40 39 points higher at 7,236.climbed as much as 3.36% on Tuesday after news that its chip unit Arm filed for a Nasdaq listing. Arm did not disclose a share price and therefore has no valuation yet for the listing, but Reuters said that it is expected to be "the largest of the year."

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