DAX up 2%: economic optimists take the helm of European stock markets – 02.09.20 – BÖRSE ONLINE – Pledge Times

DAX up 2%: economic optimists take the helm of European stock markets – 02.09.20 – BÖRSE ONLINE – Pledge Times

Renewed hopes of a powerful economic recovery after the consequences of the coronavirus are fueling European stock markets. Dax and EuroStoxx50 rose 2% each to 13,250 and 3,348 points on Wednesday. On Wall Street, futures signaled another record for the US benchmark S&P 500.

The recovery will be driven by the 1.5-year high in the US industry purchasing manager mood barometer, said analyst…

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