Global stocks rally to approval of Covid treatment in US – The Guardian

Global stocks rally to approval of Covid treatment in US – The Guardian

Financial markets around the world have rebounded sharply after the US government approved a new treatment for the coronavirus using plasma from recovered patients, and as hopes rise for a vaccine development.

Amid growing optimism that medical advancements could help support a stronger economic recovery from the pandemic, shares in Europe climbed Monday after overnight gains in Asia.

The FTSE…

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