European shares surge as recovery hopes boost cyclicals
Share:
(Reuters) - European shares enjoyed their best day in nearly eight weeks on Monday, with cyclical sectors soaring as an easing of lockdowns and an encouraging report on a potential COVID-19 vaccine boosted hopes of a swifter economic recovery.Miners leapt 8%, leading Europe's sectoral gains, while automakers , oil and gas and travel and leisure indexes - typically reliant on the health of a global economy that has taken a battering due to the coronavirus crisis - gained between 6.5% and..