Europe stocks rise at the open; Royal Dutch Shell lower after first dividend cut since second world war

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

European stocks rise on vaccine hopes; Shell drops after historic dividend cut

The rally in European stocks continued on Thursday, with the Stoxx Europe 600 SXXP, +0.04% up 0.5% in early action. The gains come on optimism over medical advances to treat COVID-19 as well as growing momentum toward opening up economies.

There also was a strong showing in Asian markets, and futures on the Dow Jones Industrial Average YM00, +0.07% rose 118 points. One exception was Royal Dutch Shell RDSA, -5.34%, down 2.6% as the oil giant slashed its first-quarter dividend by two-thirds, in its first reduction in 80 years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines