Rally in European stocks continues as pound recovers from Johnson hospitalization

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Rally in European stocks continues as pound recovers from Johnson hospitalization

The rally in European stocks continued for a second day on data showing signs of slowing growth in the spread of the coronavirus, with the U.K. FTSE 100 jumping 3% and the German DAX rallying 3.9% at the open on Tuesday. The British pound recovered to $1.2309, which is where the U.K. currency was when news broke that Prime Minister Boris Johnson was admitted into intensive care. Futures on the Dow Jones Industrial Average jumped 494 points, and crude-oil futures also advanced.

https://finance.yahoo.com/m/08fe8b2...8d94f/rally-in-european-stocks.html?.tsrc=rss
 
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