Europe stocks rise at the open; Royal Dutch Shell lower after first dividend cut since second world war [MarketWatch]
Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B)
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Source: MarketWatch
The rally in European stocks continued on Thursday, with the Stoxx Europe 600 up 0.5% in early action. The gains come on optimism over medical advances to treat COVID-19 as well as growing momentum toward opening up economies. There also was a strong showing in Asian markets, and futures on the Dow Jones Industrial Average rose 118 points. One exception was Royal Dutch Shell , down 2.6% as the oil giant slashed its first-quarter dividend by two-thirds, in its first reduction in 80 years.
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