European stocks surge after two-week Middle East ceasefire eases market fears
European equities rallied strongly on April 8 after news of a two-week ceasefire in the Middle East prompted a fast market reprieve. The STOXX 600 climbed 3.6% to 611.73 at 0713 GMT, with Germany's DAX and the FTSE 100 also posting notable gains. A sharp decline in crude prices helped lift economically sensitive sectors, while energy shares moved l…