European markets open higher, extending positivity seen at the start of the week

This is CNBC's live blog covering European markets.

European markets opened higher Tuesday, extending an air of positivity seen in the previous trading session.

The pan-European Stoxx 600 index was 0.3% higher in opening deals, with the majority of sectors trading in positive territory. Mining stocks led gains, up 1.5%, while media stocks were 0.3% lower.

In Asia-Pacific markets, Hong Kong stocks rebounded Tuesday after two straight days of declines, while Japan's Nikkei 225 index rose as the Bank of Japan kept its monetary policy unchanged in its first monetary policy meeting of the year.

U.S. stock futures were little changed Tuesday morning after the Dow Jones Industrial Average surpassed 38,000 for the first time ever.

German meal delivery company HelloFresh jumped to the top of the Stoxx 600 Tuesday, up 5.5%, recovering after it was fined for spamming customers with texts and emails.

On the other end, Logitech moved 4.5% lower after reporting a dip in sales, while Banco Comercial Portugues fell 6.2%.

— Karen Gilchrist

French healthcare firm Sanofi agreed to purchase the development project INBRX-101 from its parent company Inhibrx Inc in a deal worth $2.2 billion, the companies said on Tuesday.

— Karen Gilchrist

Barclays has made an upbeat forecast for stocks in 2024, expecting higher, yet more moderate, returns than the exceptional gains of last year.

The investment bank believes stocks still have room to rise if inflation continues slowing, allowing central banks to eventually cut interest rates.

CNBC Pro takes a look at five companies, including Volkswagen, in Barclays' European "Conviction with Catalysts" list of stock ideas that offer strong upside potential.

Subscribers can read more here.

— Ganesh Rao

Morgan