European stocks rise higher and Dow futures rise more than 200 points as investors watch COVID-19 spread

Stoxx Europe 600 Index SXXXP,
+ 0.07%
An increase of 0.2%, but will gain 5% this week. German DAX 30 DAX,
+ 0.30%
And French CAC 40 Index PX1,
+ 0.47%
The FTSE 100 UKX rose 0.4% and 0.5%, respectively.
-0.22%
Decreased 0.1%.

U.S. Stock futures YM100,
+ 0.79%

ES00,
+ 0.77%

NQ00,
+ 0.72%
Dow futures rose 0.8% across the board, up 200 points. On Thursday, the Dow DJI,
-1.08%
points00 points, below S&P SP00 SPX
-0.99%
1%, and the Nasdaq Composite Comp,
-0.65%
Slide 0.65%.

China became one of the last countries to congratulate President-elect Joe Biden on his election victory. “We respect the choice of the American people,” State Department spokesman Wang Wenbin said. “We congratulate Mr. Biden and (Vice Presidential Running Fellow) Ms. (Kamala) Harris.”

Read: Other news organizations eventually call Arizona for Biden

President Donald Trump’s administration signed an executive order banning Americans from investing in Chinese companies, which is considered high risk with links to the country’s military.

Investors endured an up-and-down week that began with enthusiasm after news of drug maker Pfizer PFE’s positive COVID-19 vaccine.
-2.46%
And partner Bayonet Tech BNTX,
-7.14%.
This leads investors to trade in so-called value – stocks reduced by the epidemic will benefit from signs of a stronger economy.

“Global markets appear to be trapped between conflicting drivers, with widespread optimism for a vaccine to produce a brighter picture for next year, but the volatile prospects of growing infections and powerful monetary stimulus keep animal souls alive,” he said. In a note to clients by Marius Hadjikiaricos, an investment analyst at XM.

He added that investors will now be able to see the light at the end of the Covid tunnel, but there is still a long way to go and a tax-paying grind.

News of hospital admissions and record levels of infection this week, with expectations that the stimulus package to prevent economic losses would not arrive in time, returned to haunted investors by Midwick.

Analysts at CMC Markets told consumers in a note that many investors expect sustainable sector circulation from technology stocks only because the winners of the epidemic can be vaccinated not only for surgical losers, but also effectively distributed in large numbers.

Europe has also faced rising cases, although some governments are unwilling to ease the lockdown, as hospitals have been pushed to the limit. The UK recorded another record rise in the infection on Thursday, with French Prime Minister Jean-Claude Texas saying it would be “irresponsible” to facilitate a strict lockdown even though the fertility rate has fallen below key 1 levels. The rise above shows the spread of the epidemic.

In a report on Thursday, JPMorgan expressed optimism that lockdowns are operating in Europe and that economies should be able to reopen in time for the December holidays. But in Sweden, citizens are asked to prepare for possible travel restrictions during the holiday period. French and Irish officials have said they cannot yet say whether citizens can plan a holiday trip.

Data show that during the three months to September the eurozone economy regained some of the jobs lost in the spring coronavirus lockdown measures.

Among the stocks moving towards Friday’s move, shares of NG ANGI,
+ 4.11%
The French utility said operating operating revenue fell in the first nine months of the year as it hit 1 billion (1. 1.18 billion) from the epidemic. But Angie 2020 stopped for guidance on net recurring revenue and capital expenditure.

Professional software group SAP with SAP, receiving tech names,
+ 1.75%

S.A.P.,
-1.74%
ASML holding ASML, providing 2.3% and chip equipment provider
+ 1.28%

ASML,
-1.27%
Increasing 1.5%.