European markets and U.S. futures rose this morning, amid light trading and a cautious atmosphere as traders assessed rising coronavirus infections.

Contracts in the United States edged higher after hitting an all-time high just before the Christmas holiday. While the UK market was closed, Europe's Stoxx 600 Index added to last week's gains. The value of Asian stocks has dropped.

Photo: Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE). Drew Angerer