By Sruthi Shankar (Reuters) -European stocks rose strongly on Monday after a sharp selloff last week on recession worries, while gains in French shares were capped after President Emmanuel Macron lost an absolute majority in the country’s parliamentary election. The pan-European STOXX 600 index closed up 1.0%, with battered banking, travel and energy stocks leading the gains, but volumes were crimped with U.S. markets closed for a holiday. The benchmark shed 4.6% and hit over one-year lows last week in a global sell-off that was fuelled by worries about aggressive interest rate hikes by the U….