European shares rebounded on Wednesday from losses in the previous session, bolstered by positive updates on a potential COVID-19 vaccine, while investors weighed a mixed bag of quarterly reports at the start of earnings season.
The pan-European STOXX 600 rose 0.8per cent by 0720 GMT, with travel & leisure and miners leading gains.Market sentiment got a boost after U.S. biotech firm Moderna Inc's experimental vaccine for COVID-19 showed it was safe and provoked immune responses in an ongoing early-stage study.
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Europe: Stocks gain on vaccine, stimulus hopes; earnings eyed[BENGALURU] European shares rose on Monday as progress on a possible Covid-19 vaccine, some upbeat earnings reports and stimulus talks fed into hopes of an economic recovery from the coronavirus-induced downturn. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »
Wall Street advances on positive start to earnings, vaccine hopesWall Street's main indexes were set to rise on Monday as Pepsi kicked off the second-quarter earnings season on an upbeat note, with investors ...
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »
Europe: Stocks gain on vaccine, stimulus hopes; earnings eyed[BENGALURU] European shares rose on Monday as progress on a possible Covid-19 vaccine, some upbeat earnings reports and stimulus talks fed into hopes of an economic recovery from the coronavirus-induced downturn. Read more at The Business Times.
مصدر: BusinessTimes - 🏆 15. / 51 اقرأ أكثر »