Global stock markets rallied Monday, taking their cue from last week's record showing on Wall Street, but trading in Europe was thin with London closed for a public holiday. Share prices in Frankfurt were up by nearly half a percent after a widely watched survey showed business confidence in the German economy bouncing back as US trade war fears ease. French stock prices were also up by around 0.4 percent, buoyed by the widespread gains in Asia. The bank holiday in London was "keeping trading in Europe pretty thin," said London Capital Group analyst, Jasper Lawler. "Traders have had the weekend to digest all the central banker commentary from Jackson Hole." At the annual c...
Keep on reading: Taking cue from all-time highs in Wall Street, global stocks swim higher
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