The coronavirus pandemic also remains as a source of uncertainty, given that economic ructions from the virus will persist in the time taken for widespread vaccination.
For the day, British e-commerce firm Hut Group topped the STOXX 600 after it said it would buy Dermstore, an online retailer owned by Target Corp for US$350 million in cash. The German DAX retreated 0.2 per cent from a record high, while France's CAC 40 index added 0.4 per cent.The US House of Representatives voted to meet President Donald Trump's demand for US$2,000 COVID-19 relief checks on Monday, sending the measure onto the Republican-controlled Senate.
Software group SAP rose 1.5 per cent after its unit, Qualtrics International, filed for a US initial public offering.
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Europe: Stocks rally at open[LONDON] European stock markets rallied at the open on Wednesday, building on the previous session's strong gains driven by progress over a US stimulus deal and on tackling the coronavirus pandemic. Read more at The Business Times.
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