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European Markets Close Higher on Coronavirus Vaccine Hopes

Monday, 13 July 2020 23:05 WIB Eropa Saham Eropa Stoxx Europe 600

European stocks closed higher Monday as optimism over a potential coronavirus vaccine outweighed concerns over surging coronavirus cases around the world. The pan-European Stoxx 600 provisionally closed up by 1% at 370.71, with basic resources adding 2% to lead gains as all sectors and major bourses entered positive territory. European markets were tracking their global counterparts higher despite the surge in coronavirus cases in the U.S. and beyond; Florida reported 15,299 new coronavirus cases on Sunday, the highest single day total for any American state since the pandemic began. The U.S. has reported more than 60,000 new cases daily for three days in a row now, bringing the...

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