European stock index futures gain after EU stimulus deal

Credit: REUTERS/STAFF

European stock index futures rose on Tuesday after European Union leaders reached a "historic" deal on a massive stimulus plan for their coronavirus-hit economies.

For a live blog on European stocks, type LIVE/ in an Eikon news window

July 21 (Reuters) - European stock index futures rose on Tuesday after European Union leaders reached a "historic" deal on a massive stimulus plan for their coronavirus-hit economies.

Summit chairman Charles Michel tweeted "Deal" shortly after the 27 leaders finally reached an agreement at a 0315 GMT plenary session.

Euro Stoxx 50 futures STXEc1 were up 0.5%, while German DAX futures FDXc1 and FTSE futures FFIc1 gained 0.7% and 0.4%, respectively.

Hopes for a deal as well as positive data from an array of COVID-19 vaccine candidates had lifted the pan-European STOXX 600 index .STOXX higher on Monday.

(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Bernard Orr)

((Sagarika.Jaisinghani@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2256;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More