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European Markets Close Higher On Recovery Hopes

(RTTNews) - European markets closed higher on Thursday closed higher on Thursday, reacting to some fairly encouraging economic data from the region, and on Biden's announcement of a multi-trillion-dollar infrastructure investment plan.

Worries about rising coronavirus cases and extension of lockdown restrictions limited markets' gains.

The pan European Stoxx 600 climbed 0.61%. The U.K.'s FTSE 100 gained 0.35%, Germany's DAX surged up 0.66%, France's CAC 40 advanced 0.59% and Switzerland's SMI ended 0.64%.

Among other markets in Europe, Austria, Belgium, Denmark, Finland, Greece, Iceland, Netherlands, Poland, Portugal, Sweden and Turkey closed with sharp to moderate gains.

Czech Republic, Ireland and Norway ended modestly higher. Russia drifted lower and Spain closed flat.
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