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Europe close: Stocks extend rally as lockdowns ease
Stocks across Europe extended their rebound on Wednesday with optimism about the easing of lockdown measures across the Continent offsetting still quite grim economic data.
Mass US layoffs continue in May but pace slows substantially, ADP says
The US jobs market continued to reel in the wake of the Covid-19 pandemic last month, but by far less than feared, the results of a closely-watched survey showed.
Thursday preview: ECB, US jobs data in focus
The market spotlight will be on the European Central Bank as rate-setters in Frankfurt meet to decide on policy.
Slump in US services sector eases in May, ISM says
The pace of contraction in America's services sector abated by more than expected last month, the results of a key survey of activity revealed.
Europe midday: Stocks extend rally despite grim economic data
Stocks across Europe are continuing to bound ahead amid optimism about the impact that the easing of lockdown measures across the Continent will have.