News24.com | European stocks rebound at open
- Europe’s major stock markets rebounded Tuesday, tracking recovery-fuelled gains elsewhere.
- In the eurozone, Frankfurt’s DAX 30 also gained 0.6% and Paris added 0.3% to 6 053.52.
- European stocks had retreated on Monday after more countries halted use of the AstraZeneca Covid-19 vaccine.
Europe’s major stock markets rebounded Tuesday, tracking recovery-fuelled gains elsewhere on the eve of an interest rate decision from the US Federal Reserve.
London’s benchmark FTSE 100 index of major blue-chip companies added 0.6% 6 789.17 points.
In the eurozone, Frankfurt’s DAX 30 also gained 0.6% to 14 545.52 points and Paris added 0.3% to 6 053.52.
European stocks had retreated on Monday after more countries halted use of the AstraZeneca Covid-19 vaccine.
Nevertheless, optimism over the economic recovery helped push Asian markets higher Tuesday following another record on Wall Street, with the focus on the Fed’s much-anticipated policy meeting this week.
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