Europe: Shares follow Wall Street higher on recovery hopes

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Europe: Shares follow WallStreet higher on recovery hopes

Another boost to the Stoxx 600 was AstraZeneca Plc, which gained 2.4 per cent after US regulators approved Merck Inc's and its Lynparza as a prostate cancer treatment.

A stock market recovery from March lows has stalled, with the Stoxx 600 up 0.8 per cent this month after a 6 per cent jump in April. European markets have cheered a Franco-German proposal for a 500 billion-euro Recovery Fund that would bind all 27 European Union states to raise debt jointly to offer grants to regions hit hardest.

 

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:

 /  🏆 15. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines