European stock index futures as Trump eyes restart [Reuters]
ORKLA AS A S/ADR (ORKLY)
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Source: Reuters
European stock index futures as Trump eyes restart (Reuters) - European stock index futures surged on Friday, as financial markets globally drew strength from U.S. President Donald Trump’s roll out of plans for a gradual re-opening of the U.S. economy and reports of a potential drug to treat COVID-19. Euro Stoxx 50 futures STXEc1 rose 2.5%, climbing for the fourth time in five days, while German DAX FDXc1, French CAC FCEc1 and FTSE 100 FFIc1 futures jumped between 2.2% and 3.0%. While Trump’s plan was thin on detail and left decisions largely up to individual states, the benchmark STOXX 600 has recovered about 5% since April 6 as investors focussed on signs the coronavirus outbreak may be peaking. Latest data showed China suffered its worst economic contraction in almost three decades, while weekly U.S. jobless claims pushed the figure for the past month above 20 million, yet there was no sign of resulting weakness on Wall Street or in Asia. Also lifting the mood at the end of the wee
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