European stocks
SXXP,
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,
rising 2.9% and the U.K. FTSE 100
UKX,
up 2.1%. The British pound
GBPUSD,
was lower than Friday’s levels after the coronavirus hospitalization of U.K. Prime Minister Boris Johnson. Crude-oil futures
CL.1,
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,
rose nearly 800 points.
