Stocks in Europe rally on economic optimism

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

European stocks, U.S. futures climb as economic hopes offset Covid-19 spread

London-listed shares of HSBC Holdings HSBA, +5.94% and Standard Chartered STAN, +5.10% jumped, responding to the big rally in Asian stocks.

The German DAX DAX, +2.05% , French CAC 40 PX1, +1.96% and the U.K. FTSE UKX, +2.22% all advanced by around 2%. Markets continue to advance on signals of an economic recovery. Nonfarm payrolls expanded by 4.8 million in June, the U.S. Labor Department said last week. Germany on Monday reported a 10.4% gain new manufacturing orders for May, which nonetheless was 29.3% lower than a year ago.

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 ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

come on...you can't be serious with this headline...

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Europe believes Biden would repair Trump's damage to European alliance - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Propaganda European diplomats just want someone else to pay for the things they're responsible for You mean European Globalists want Joe Biden because he is also a fellow Globalist. How long will it take War Hawk Biden to start a new war?
Source: BusinessInsider - 🏆 729. / 51 Read more »

European stocks seen higher as economic recovery, vaccine hopes drive risk-on sentimentEuropean markets are set for a bounce on Monday morning as investors focus on the prospect of economic recovery and progress on potential coronavirus drugs. BREAKING a live virus always spreads the virus. Who wants to bet? I got an OunceOfGold economic activity is NOT recovering and theres still no vaccine in sight. Actual headline central bank is currently buying up securities markets around the world in trade for all this “free government money” people are using to buy tv’s.
Source: CNBC - 🏆 12. / 72 Read more »