European Stock Markets Surge On Vaccine Hopes
August 24, 2020
5:22 pm
European stock markets surged Monday on hopes of a coronavirus vaccine, while the dollar waned on continued deadlock over a new US stimulus deal, dealers said.
Looking ahead to a key meeting of central bankers this week, traders sent London’s benchmark rallying 2.0 percent and major eurozone indices were almost 2.5-percent higher approaching the half-way stage.
American authorities on Sunday announced that doctors could use blood plasma from recovered coronavirus patients as a treatment against the disease that has killed more than 176,000 in the US.
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The move by …
