European stock markets rebound strongly at open

July 6, 2020: European stock markets rebounded strongly at the start of trading on Monday following a rally in Asia, driven by hopes of a swift and solid economic recovery.

London's benchmark FTSE 100 index surged 1.8 percent at 6,267.78 points, having slid by 1.3 percent Friday on profit-taking.

In the eurozone, Frankfurt's DAX 30 index jumped 1.9 percent to 12,766.05 points at the open Monday and the Paris CAC 40 won 2.0 percent to 5,109.28.

APP

Posted on: 2020-07-06T13:33:00+05:00

35625