European equities traded in the US as American depositary receipts were tracking sharply higher late Monday morning, rising 2.55% to 1,721.67 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by lenders Banco Santander (SAN) and Banco Bilbao Vizcaya Argentaria (BBVA), which rose 7% and 5.1%, respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and internet advertising firm Criteo (CRTO), which were up 2.8% and 2.7%, respectively.

The decliners from continental Europe were led by petroleum refiner Equinor (EQNR) and medical device maker EDAP TMS (EDAP), which fell 5.5% and 1.9%, respectively. They were followed by oil and gas company Eni (E) and pharmaceutical company Ascendis Pharma (ASND), which were down 1.4% and 0.3%, respectively.

The gainers from the UK were led by cruise line operator Carnival (CUK) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which advanced 8.1% and 7.6%, respectively. They were followed by mining company BHP Group (BHP) and lender HSBC (HSBC), which increased 4.9% and 4.8%, respectively.

The decliners from the UK and Ireland were led by pharmaceutical company Silence Therapeutics (SLN), which dropped 5.9%, followed by oil and gas company BP (BP) and biopharmaceutical company Bicycle Therapeutics (BCYC), which lost 2.5% and 0.3%, respectively.