European stocks open higher on recovery hopes as TUI surges over 30%

European stocks opened higher on Tuesday on economic recovery hopes. The FTSE 100 UKX, +1.80% rallied 1.9% after a three-day break in the U.K., while the German DAX DAX, +0.60% added 0.7%. Travel group Tui TUI, +29.

45% surged 32% after its CEO said the company will resume flights at the end of June, while Wirecard slipped 4% after delaying its 2019 results for a third time. Futures on the Dow Jones Industrial Average YM00, +1.96% surged 491 points.

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Asia Pacific stocks set to trade higher on vaccine hopes; Japan lifts state of emergencyAmerican biotech firm Novavax said Monday it started the first human study of its experimental coronavirus vaccine. Uh oh! Vaccine optimism headlines flowing early! Time to check futures markets and see what's up..... Lmao
Source: CNBC - 🏆 12. / 72 Read more »