News Snapshot:
Following China’s relaxation of its COVID-19 quarantine requirement, European markets increased on Tuesday as risk appetite increased. Additionally, higher oil prices helped to support energy stocks. The STOXX 600 index for the entire continent increased for the third session in a row, gaining by 0.3 percent. As a result of a decline in June’s U.S. consumer sentiment that caused Wall Street to decline, the benchmark index’s gains were restrained. This was the latest move in a series of gradual easing of COVID-19 curbs that had started to hit the country’s economy and bolstered hopes of a resurgence in demand from...
