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European stocks rise after Trump unilaterally extends jobless benefits

0


US President Donald Trump signs executive orders extending coronavirus economic relief, during a news conference in Bedminster, New Jersey, on August 8, 2020.


jim watson/Agence France-Presse/Getty Images

European stocks rose on Monday, buoyed by a move from U.S. President Donald Trump to unilaterally extend jobless benefits in the world’s top economy.

After a 2% gain last week, the Stoxx Europe 600
SXXP,
-0.14%

rose 0.5%.

Oil giants BP
BP,
+2.19%
,
Royal Dutch Shell
RDSA,
+1.33%

and Total
FP,



Source marketwatch.com

German firms expect coronavirus restrictions to last until April

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