European shares end choppy session higher after Wall Street bounce

Irish Times | Jun 29, 2020 at 9:28 PM
  • European shares ended a volatile session higher on Monday, lifted by strong gains on Wall Street and a rally in cyclical stocks as improving data spurred hopes of a faster economic recovery.
  • After hovering near flat earlier in the session, the pan-European Stoxx 600 index rose 0.4 per cent and euro zone blue-chip stocks jumped 0.9 per cent.
  • The banks also benefited from the upswing generally and more positive euro zone business data.