Market Updates
European Indexes Extend 2-Day Rally
Bridgette Randall
21 Jun, 2022
New York City
European markets extended gains for the second day in a row powered by gains in New York and Asian markets.
Bargain hunters stepped up for the second day in a row despite the lingering worries of inflation and global economic slowdown.
The DAX index gained 0.1% to 13,189.19, the CAC-40 index advanced 0.2% to 5,896.14, and the FTSE 100 index rose 1.5% to 7,117.38.
Futures of crude oil increased 1.5% to $115.40 a barrel and European natural gain advanced 3.6% to 125.40 euros a unit.
Ocado Group decreased 4.2% to 840.80 pence after the online grocery delivery company completed a secondary offering and raised
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