Stock indexes turned higher
On Monday, August 25, stocks of major European countries rose. It is reported by Bloomberg.
Index of the British stock exchange (FTSE 100) fell by 0.04%;
French Stock Index (CAC 40) increased by 2.10%;
The German stock index (DAX) was up 1.83%;
Italy's stock index (FTSE MIB) was up 2.30%;
Spain's key stock index (IBEX) rose by 1.81%;
European stocks opened sharply higher on Monday, boosted by European Central Bank President Mario Draghi latest remarks. Mario Draghi said on Friday that the central bank is ready to take more unconventional action if needed to stimulate a sluggish euro zone economy.
At the same time, Federal Reserve Chair Janet Yellen said the U.S. economy is recovering.