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European stocks jump at the open; Deutsche Bank surges on earnings news – MarketWatch

European stocks rose on Monday, as investors positioned for more central bank action and announcements of economies reopening. The Stoxx Europe 600
SXXP,
+1.61%

rose 1.4% in early trade, including a nearly 7% pop for Deutsche Bank
DBK,
+9.67%

as the German bank said it would beat first-quarter earnings estimates. The Bank of Japan kicked off a week for central bank action by lifting the cap on Japanese government bond purchases and boosting its purchases of commercial paper and bank loans. Futures on the Dow Jones Industrial Average
YM00,
+0.81%

rose 171 points.

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