Stocks Add to Rally, Shrug Off Infection Concerns: Markets Wrap

(Bloomberg) — European stocks pushed higher with U.S. equity futures as investors looked past a worrying increase in coronavirus cases to support from government and monetary stimulus. The dollar fluctuated along with crude oil.In the wake of Tuesday’s global rally, gains in real-estate and health-care shares brought fresh momentum to the Stoxx Europe 600 Index, even as infections increased from China to Brazil. S&P 500 futures swung from modest declines to gains, building on the index’s increase from Tuesday following data showing a surprising rebound in U.S. retail sales. Treasuries were steady.Investor optimism toward risk assets reflected bets that new …read more

Source:: Yahoo Finance

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