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May 26, 2020, 3:12 a.m. EDT

European stocks open higher on recovery hopes as TUI surges over 30%

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By Steve Goldstein

European stocks opened higher on Tuesday on economic recovery hopes. The FTSE 100 /zigman2/quotes/210598409/delayed UK:UKX -1.73% rallied 1.9% after a three-day break in the U.K., while the German DAX /zigman2/quotes/210597999/delayed DX:DAX -0.04% added 0.7%. Travel group Tui /zigman2/quotes/207049334/delayed UK:TUI -0.85% surged 32% after its CEO said the company will resume flights at the end of June, while Wirecard slipped 4% after delaying its 2019 results for a third time. Futures on the Dow Jones Industrial Average /zigman2/quotes/210407078/delayed YM00 -1.44% surged 491 points.

/zigman2/quotes/210598409/delayed
UK : FTSE UK
6,049.62
-106.54 -1.73%
Volume: 659,498
July 9, 2020 4:59p
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/zigman2/quotes/210597999/delayed
DAX
DX : Xetra Indices
12,489.46
-5.35 -0.04%
Volume: 76,140
July 9, 2020 6:30p
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/zigman2/quotes/207049334/delayed
UK : U.K.: London
360.40 p
-3.10 -0.85%
Volume: 1.55M
July 9, 2020 4:35p
P/E Ratio
N/A
Dividend Yield
13.41%
Market Cap
£2.14 billion
Rev. per Employee
£250,630
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/zigman2/quotes/210407078/delayed
US : U.S.: CBOT
$ 25,596.00
-373.00 -1.44%
Volume: 186,955
July 9, 2020 12:44p
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