European stocks rise for third day in a row

Irish Times | Mar 26, 2020 at 6:31 PM
  • European stocks reversed course to end higher on Thursday, tracking gains on Wall Street, while investors awaited a vote by the European Parliament on emergency funds to cushion the blow from the coronavirus outbreak.
  • Wall Street stocks rose as investors anticipated more aggressive stimulus to aid businesses and families wrecked by the economic fallout of the pandemic.
  • United Airlines, American Airlines and Delta rose between 7 per cent and 13 per cent, while Boeing rose 15 per cent to build on a strong rally this week, boosted by a $58 billion (€52.5 billion) provision for the aerospace industry in the latest aid bill.