Start United States USA — Financial Stocks Surge in Europe as Asian Markets Struggle

Stocks Surge in Europe as Asian Markets Struggle

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European stocks rallied on Monday after a mixed close in Asia, while Wall Street remained closed for Labor Day after turning in its biggest weekly decline in more than two months. In Europe, the FTSE… Money News Summaries.
(Newser) – European stocks rallied on Monday after a mixed close in Asia, while Wall Street remained closed for Labor Day after turning in its biggest weekly decline in more than two months. In Europe, the FTSE 100 in London rose 2.4% to close at 5,937.40 and Frankfurt’s DAX added 2% to 13,100.28 after industrial production figures showed a third consecutive monthly increase, the AP reports.

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