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Stock prices in the US and Europe are rising as investors resume buying stocks

Stock prices in the United States and Europe rose on Monday, September 28, as investors resumed buying stocks after falling prices caused by rising Covid-19 cases and the resumption of measures to curb Covid-19, which were damaging to the economy.

Despite the uncertainties about the briquette, the London Stock Exchange index rose by 1.8%, while the Frankfurt and Paris stock exchange indices rose by 3.2% and 2.4%, respectively.

“Investors are warming up again in equities and other risky assets,” said Favad Razakzada, a market analyst at ThinkMarket.

Favad Razakzada, a market analyst at ThinkMarket

“Relatively low [jaunu] The number of Covid-19-related deaths means that investors do not show much concern about the growing spread of the virus. [infekcijas] number of cases. Instead, they remain optimistic about the potential approval of the vaccine soon, which, together with continued central bank support, is likely to help accelerate [ekonomikas] recovery. “

The Dow Jones Industrial Average rose 1.5% to 27,584.06 points on Monday, the Standard & Poor’s 500 index rose 1.6% to 3,351.60 points, and the Nasdaq Composite index rose 1.9% to 11,117.53 points.

The London Stock Exchange index FTSE 100 rose 1.5% to 5927.93 points on Monday, the Frankfurt stock exchange index DAX 30 rose 3.2% to 12,870.87 points, while the Paris stock exchange index CAC 40 rose 2.4% to 4843 , 27 points.

In the electronic trading of the New York Stock Exchange, the price of WTI crude oil increased by 0.9% on Monday to USD 40.60 per barrel. The price of Brent crude oil rose 1.2% to $ 42.43 a barrel on the London Stock Exchange.

The euro rose against the US dollar from 1.1631 to 1.1664 dollars per euro on Monday, the British pound against the US dollar rose from 1.2746 to 1.2840 dollars per pound, and the US dollar against the Japanese yen fell from 105.58 to 105.56 yen per dollar. The euro depreciated against the pound sterling from 91.26 to 90.92 pence per euro.

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