A version of this story first appeared in CNN Business' Before the Bell newsletter. You can sign up right hereLondon (CNN Business) The end of the strictest phases of lockdowns in some countries is triggering euphoria in financial markets, with US futures rising sharply and Europe's Stoxx 600 index hitting its highest level since early March. The New York Stock Exchange is reopening to some traders on Tuesday, though they'll be required to wear masks and practice social distancing. US biotech company Novavax said Monday that it had started its Phase 1 trial of a vaccine and expected preliminary results in July. See here: Germany's closely-watched Ifo business climate index recovered somewhat in May, according to data released Monday.

Source: CNN May 26, 2020 11:37 UTC