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

European stocks
SXXP,
+2.77%

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
DAX,
+4.36%

rising 2.9% and the U.K. FTSE 100
UKX,
+2.02%

up 2.1%. The British pound
GBPUSD,
+0.47%

was lower than Friday’s levels after the coronavirus hospitalization of U.K. Prime Minister Boris Johnson. Crude-oil futures
CL.1,
-2.92%

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
YM00,
+3.59%

rose nearly 800 points.

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