European stocks close higher as Germany extends COVID-19 relief package – MarketWatch

European stocks close higher as Germany extends COVID-19 relief package – MarketWatch

The government of German Chancellor Angela Merkel has approved a 10 billion euros ($ 11.8 billion) extension to its coronavirus relief program.

Martin Meissner / Associated press

European stocks rose on Wednesday, as Germany extended its coronavirus stimulus package and investors awaited a key speech from Federal Reserve Chairman Jerome Powell.

The pan-European Stoxx…

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