The pan-European STOXX 600 index rose 1.3%, mirroring gains for Asian markets after the U.S. health regulator said on Sunday it authorized the use of blood plasma from patients who have recovered from COVID-19 as a treatment.AstraZeneca Plc jumped 2.5% after the Financial Times reported the Trump administration was considering fast-tracking an experimental COVID-19 vaccine being developed by the company.
Oil and gas companies .SXEP led the surge in Europe, gaining from a rise in crude prices as storms closed in on the Gulf of Mexico, shutting more than half its oil production. [O/R]British telecoms company BT Group jumped 4.3% after a media report that its board was preparing to defend it against takeover approaches from rivals and buyout firms.
A UK government data showed on Friday the reproduction “R” number of COVID-19 infections had risen and may now be above 1, indicating a risk that the overall epidemic is growing.
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European stocks and Dow futures rise after Trump push on coronavirus treatmentsEuropean stocks rose Monday, as drug stocks climbed after President Donald Trump signaled an aggressive stance to push medical treatments to return the... All smoke and mirrors! The NYSE became just another manipulation and trumpest tool to lie on American people! Nobody can give any analitics to prove that any rising stock has any substance! It's a shame for all the stock traders. SEC should shut down this circuss till December!
Source: MarketWatch - 🏆 3. / 97 Read more »
Global stocks rally as investors pin hopes on coronavirus treatmentAsian shares advanced for a second straight session on Monday, underpinned by coronavirus hopes after U.S. regulators authorised the use of blood plasma from recovered patients as a treatment option. Congrats to the federalreserve and stevenmnuchin1 they managed to make the stock market look like a ridiculous casino In the worst environment ever the rich are getting richer while millions of workers lost their jobs and starving ad infinitum 🥱 Hope lifts the heart but the algos 'manage' the share prices.
Source: Reuters - 🏆 2. / 97 Read more »