The Stoxx 600 and DAX trades to fresh record highs
- Eurostoxx +0.4%
- Germany DAX +0.9%
- France CAC 40 +0.9%
- UK FTSE +1.2%
- Spain IBEX +1.2%
Of note, the Stoxx 600 index is up 0.8% and has erased its pandemic losses to jump to a fresh record high with the DAX also extending to fresh highs above 15,000.
Air France is having a volatile start to the day after the EU approved a €4 billion rescue plan for the airline earlier, opening up 2% before slumping down by 2.5% now.
Elsewhere, Credit Suisse is up a little over 2% after having announced a management shakeup earlier in the day after the whole Archegos Capital fiasco.