European Stocks Rally on Stimulus Expectations, Vaccine Hopes
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European stocks ended higher on Monday, boosted by vaccine hopes and as the European Union was moving closer to an agreement on an economic stimulus package for the region.
The Stoxx Europe 600 gained 0.8%, led by tech, construction and health-care stocks. Shares in AstraZeneca Plc gained 1.5%, ending at a record close, after a coronavirus vaccine the University of Oxford is developing with Astra showed promising results in early human testing.