News24.com | European stocks rebound at open thumbnail

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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