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07.04.2020 STOXX 50 Daily Analysis

Today Stoxx 50 is trading at 2,886.73 (+3.25%). European stock index futures jumped more than 4% on Monday as a slowdown in the coronavirus

07.04.2020 STOXX 50 Daily Analysis
Yazar: Zack Smith

Yayınlanma: 8 Nisan 2020 14:29

Güncellenme: 12 Kasım 2024 15:51

07.04.2020 STOXX 50 Daily Analysis

Today Stoxx 50 is trading at 2,886.73 (+3.25%). European stock index futures jumped more than 4% on Monday as a slowdown in the coronavirus death toll in France and Italy raised hopes that lockdown measures were starting to show results. Italy reported its lowest daily COVID-19 death toll for more than two weeks on Sunday, while France's daily death toll from the novel coronavirus dropped and admissions into intensive care slowed. The benchmark STOXX ended Friday with the sixth weekly decline in seven as dismal business activity data for March foreshadowed a deep economic and earnings recession due to the outbreak.
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