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6/21, 1:35 PM (Source: TeleTrader)
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DAX, CAC turn positive as European stocks rebound

European markets mostly turned positive on Monday after suffering sharp losses earlier in the session.

The DAX jumped 0.42% at 1:32 pm CET with Volkswagen and Covestro, both up 1.47%, leading the gains. The CAC 40 added 0.06% at 1:32 pm CET. The FTSE 100 also recovered some of the earlier losses but remained 0.14% in the red.

The euro was up 0.24% against the dollar, selling for 1.18914 at 1:35 pm CET.

Breaking the News / NP