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.
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European stocks rally on data showing slowing growth in coronavirus spread