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European stocks advanced Monday morning as global markets are calmed by reports of President Trump’s improving health as he’s treated for Covid-19.
The pan-European Stoxx 600 climbed 0.6% by late morning, with travel and leisure stocks jumping 2.1% to lead gains as all sectors except utilities traded in positive territory.
European markets are following their counterparts in the U.S. and Asia-Pacific higher Monday as political uncertainty following Trump’s Covid-19 diagnosis eases.