European stock markets rebound at open - Plataforma Media

European stock markets rebound at open

European equities rebounded by 1.0 percent on Tuesday after the previous day’s sharp global selloff that was rooted in concerns over Omicron economic fallout

London’s benchmark FTSE 100 index of major blue-chip companies climbed to 7,268.87 points.

Read more about this issue: Oil, stocks plummet in Asia and Europe as new variant emerges

In the eurozone, the Paris CAC 40 index increased to 6,940.38 points and Frankfurt’s DAX rose to 15,390.79.

Read also: Asian stocks on the rise after Wall Street boost

Global equity and oil markets had slumped Monday on investor panic over the impact of worldwide measures to contain the fast-spreading Omicron Covid-19 variant.

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