European markets rise as traders gear up for U.S. election; oil and gas stocks rise nearly 1%

European Market Overview: European markets saw a slight increase on Monday, with the pan-European Stoxx 600 up by 0.12%, driven by gains in oil and gas stocks while tech shares declined; attention is focused on the upcoming U.S. presidential election which could significantly impact global markets.

Company Updates: Commerzbank announced a share buyback of €600 million following its third-quarter results, while Burberry's shares rose by 5% amid speculation of a potential bid from Moncler, highlighting ongoing shifts in the luxury retail sector.