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April 6, 2020, 3:05 a.m. EDT

European stocks jump at the open, rising nearly 2% on data showing slowing virus cases

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By Steve Goldstein

European stocks /zigman2/quotes/210599654/delayed XX:SXXP -1.44% jumped at the start of trade on Monday on data showing slowing growth of both new coronavirus cases and the fatalities globally, with the German DAX /zigman2/quotes/210597999/delayed DX:DAX -1.65% rising 2.9% and the U.K. FTSE 100 /zigman2/quotes/210598409/delayed UK:UKX -2.29% up 2.1%. The British pound /zigman2/quotes/210561263/realtime/sampled GBPUSD +0.2191% was lower than Friday's levels after the coronavirus hospitalization of U.K. Prime Minister Boris Johnson. Crude-oil futures /zigman2/quotes/211629951/delayed CL.1 +4.78% edged lower as markets await word on whether the OPEC oil cartel and Russia can agree to production cuts. Futures on the Dow Jones Industrial Average /zigman2/quotes/210407078/delayed YM00 +0.12% rose nearly 800 points.

Read the full story:
European stocks rally on data showing slowing growth in coronavirus spread

/zigman2/quotes/210599654/delayed
XX : STOXX
350.36
-5.11 -1.44%
Volume: 0.00
May 29, 2020 5:50p
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/zigman2/quotes/210597999/delayed
DAX
DX : Xetra Indices
11,586.85
-194.28 -1.65%
Volume: 170,600
May 29, 2020 6:30p
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/zigman2/quotes/210598409/delayed
UK : FTSE UK
6,076.60
-142.19 -2.29%
Volume: 2.19M
May 29, 2020 4:59p
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/zigman2/quotes/210561263/realtime/sampled
US : Tullett Prebon
1.2349
+0.0027 +0.2191%
Volume: 0.0000
May 29, 2020 4:59p
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/zigman2/quotes/211629951/delayed
US : U.S.: Nymex
$ 35.32
+1.61 +4.78%
Volume: 420,891
May 29, 2020 4:59p
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/zigman2/quotes/210407078/delayed
US : U.S.: CBOT
$ 25,487.00
+30.00 +0.12%
Volume: 268,908
May 29, 2020 3:59p
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