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European Markets Open Higher After US Stimulus Agreed


Wednesday, 25 March 2020 15:28 WIB

Stoxx 600Saham Eropa


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European markets opened higher Wednesday after U.S. senators agreed to the Trump administration’s massive economic rescue bill, unlocking $2 trillion worth of funds.

The pan-European Stoxx 600 climbed 2.3% at 310.05 in the early minutes of trading, with financial services adding 4.4% to lead gains as all sectors and major bourses entered positive territory.

White House official, Eric Ueland said early on Wednesday that U.S. senators and White House officials have reached an agreement on the massive stimulus package to mitigate the economic hit from the coronavirus outbreak.

Source : CNBC


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