European Stocks Rebound a Day After Fall

© REUTERS / STAFFThe German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 20, 2020
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 20, 2020 - Sputnik International
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The day before, European stocks slipped, with the STOXX 600 index losing three percent, a day after US crude crashed below zero for the first time in history.

European stock markets saw a rise on Wednesday as Italy is a nearly week away from ending its lockdown regime.

Amid the news about the lockdown being eased, Italian shares gained nearly one percent.

The pan-European STOXX 600 index was up 0.8% early on Wednesday, after tumbling more than 3% on the previous day following a historic collapse in oil prices.

Despite the rise, STOXX 600 remains 24 percent lower than it was in February when it registered a record high.

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