Global shares rose Monday, with Europe tracking gains in Asia despite news that the German
economy fell into recession in the first quarter of the year amid the
Coronavirus pandemic.
France's CAC 40 gained 0.8% in early trading to 4,479.60, while Germany's DAX jumped 1.2% to 11,206.26.
Germany joined other major economies in logging its worst downturn since the global financial crisis more than a decade ago, as exports and consumer spending took a hit from shutdowns and other disruptions resulting from the pandemic.