Futures signal sharp rally for European stocks
LONDON, June 29 |
LONDON, June 29 (Reuters) - European stock index futures pointed to a sharply higher open on Friday after euro zone leaders agreed to take emergency action to bring down Italy's and Spain's spiralling borrowing costs and to create a single supervisory body for euro zone banks.
At 0602 GMT, futures for Euro STOXX 50, Germany's DAX and France's CAC were up 2.5-2.7 percent.
(Reporting by Atul Prakash; Editing by Toni Vorobyova)
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