surged in premarket trade on Monday as the coronavirus continues to remain in
focus. Across the Atlantic, stocks on Wall Street moved higher as well with the
Dow soaring over 700 points overnight.
Globally, over 1.2
million people have been infected with the virus, which originated in China in
December of last year. Meanwhile, a meeting between OPEC and allied producers
has been delayed until April 9 as reports indicated most members are in favor of
continuing output cuts.
The DAX jumped 3.29%
at 7:20 am CET, while the FTSE 100 climbed 1.99%.
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