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European markets close higher after EU leaders reach recovery fund deal – CNBC

European stocks closed higher on Tuesday after European Union leaders reached a deal on a 750 billion euro ($862 billion) recovery fund.

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European stocks advanced on Tuesday after European Union leaders reached a deal on a 750 billion euro ($862 billion) recovery fund to help the region recover from the coronavirus crisis.
The pan-European Stoxx 600 closed 0.3% higher provisionally, paring back gains somewhat from earlier in the session. Most sectors and major bourses were in positive territory by the market close.
EU heads of state had been locked in talks since Friday morning to discuss the proposed recovery fund and the EU’s …

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