Europe: Stocks pause after rally, ECB stimulus boosts banks

"Monday, Tuesday and Wednesday were a great run with the expectation of additional easing," said David Madden, market analyst at CMC Markets."We got that and now it seems that traders are taking the money off the table for now."

Germany's coalition parties agreed a 130-billion-euros stimulus package to speed recovery on Wednesday, but shares in Daimler and Volkswagen fell between 1 per cent and 2.5 per cent as the measures favoured electric cars. Airbus jumped 5.2 per cent after a report said it was looking to hold underlying jet output at 40 per cent below pre-pandemic plans for two years, an approach which adds new pressure to cut thousands of jobs.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SE Asia Stocks-Extend rally on rebound hopes; Indonesia, Malaysia up for sixth dayREUTERS
Source: TODAYonline - 🏆 1. / 99 Read more »

Seoul: Stocks surge; up 50% from March lows as techs lead relief rally[SEOUL] South Korean stocks surged nearly 3 per cent to close at a more than three-month high on Wednesday, led by bluechips such as Samsung Electronics and Hyundai Motor and as global economic recovery hopes offset concerns over Sino-US tensions. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

SE Asia Stocks-Philippines index hits 3-month high as rally gains steamREUTERS
Source: TODAYonline - 🏆 1. / 99 Read more »