Economic news

Wall Street recovery props up EU shares

EU stocks moved higher today, driven by rebounding on Wall Street, after a hard hit for investors – the minimal notch of STOXX 600 from the time Donald Trump was elected in late 2016.

Photo: Reuters

The STOXX 600 index was up 1.4%, while yesterday it fell down to 327.34. The DAX of Germany grew 1.5%.

The past holiday week has been a bumpy road for investors, as share markets in the United States and Europe slumped a great deal on December 24, though yesterday’s active recovery on Wall Street with over 1% increment gave support to Asian and European stocks.


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