{"id":43953,"date":"2021-04-06T12:53:20","date_gmt":"2021-04-06T08:53:20","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=43953"},"modified":"2021-04-06T12:53:26","modified_gmt":"2021-04-06T08:53:26","slug":"european-stoxx600-index-reaches-a-record-high-on-optimism-for-global-recovery","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stoxx600-index-reaches-a-record-high-on-optimism-for-global-recovery\/04\/06\/market-updates\/","title":{"rendered":"European Stoxx600 Index Reaches a Record High on Optimism For Global Recovery"},"content":{"rendered":"\n<p>The European index reached a record high on Tuesday, April 6, to compensate for all the losses incurred by the pandemic as investors bet on a rapid global economic recovery, stimulated by massive stimulus spending and immunization campaigns against Covid-19.<\/p>\n\n\n\n<p>European dealers returned to the market after a long holiday to push the European Stoxx600 index up 0.9% to 436.16 points, surpassing its previous highs of 433.90 points, which it hit in February 2020. The index rose more than 60% from its low levels reached last year due to Virus.<\/p>\n\n\n\n<p>The German DAX index added 1% to cement its recent record rise. The French CAC40 index rose 0.8% and the British FTSE100 index jumped 1.3%.<\/p>\n\n\n\n<p>The main index of Wall Street reached its highest levels ever, Monday, after data indicating a strong recovery in the US labor market and service sector activity, which contributed to improving investor sentiment even with the increase in Coronavirus infections globally.<\/p>\n\n\n\n<p>Credit Suisse rose 0.4% after sharp losses suffered by the Swiss bank last week, as it reported an estimated loss of 4.4 billion Swiss francs ($ 4.7 billion) due to its relationship with Arcijus Capital Management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European index reached a record high on Tuesday, April 6, to compensate for all the losses incurred by the pandemic as investors bet on a rapid global economic recovery, stimulated by massive stimulus spending and immunization campaigns against Covid-19. European dealers returned to the market after a long holiday to push the European Stoxx600 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6864],"class_list":["post-43953","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=43953"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43953\/revisions"}],"predecessor-version":[{"id":43954,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/43953\/revisions\/43954"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31146"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=43953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=43953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=43953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}