European Stocks Rebound a Day After Fall
REUTERS / STAFFBusiness07:10 GMT 22.04.2020(updated 07:37 GMT 22.04.2020) Get short URL
The day before, European stocks slipped, with the STOXX 600 index losing three percent, a day after US crude crashed below zero for the first time in history.
European stock markets saw a rise on Wednesday as Italy is a nearly week away from ending its lockdown regime.
Amid the news about the lockdown being eased, Italian shares gained nearly one percent.
The pan-European STOXX 600 index was up 0.8% early on Wednesday, after tumbling more than 3% on the previous day following a historic collapse in oil prices.
Despite the rise, STOXX 600 remains 24 percent lower than it was in February when it registered a record high.