European markets climb on tentative hopes the coronavirus may have peaked; Stoxx 600 up 2.5%

European markets opened sharply higher Tuesday as investors hope that the region could be seeking a plateau in the coronavirus outbreak.

The pan-European Stoxx 600 jumped 2.6% in early trade, with travel and leisure stocks surging 6.3% to lead gains as all sectors and major bourses entered positive territory.

Markets in Europe will also be reacting to the news last night that U.K. Prime…

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