Global stocks rally on US Covid treatment approval
by Richard Partington Economics correspondent from Economics | The Guardian on (#578Z0)
Shares rise in Europe and Asia after Trump allows use of convalescent plasma
Financial markets around the world have rallied strongly after the US government approved a coronavirus treatment using the plasma of recovered patients and hopes rose for the development of a vaccine.
Against a backdrop of growing optimism that medical advances could fuel a sustainable economic recovery from the pandemic, stocks in Europe climbed higher on Monday after gains in Asia overnight.
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