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.