European markets head for higher open on global vaccine hopes

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European markets head for higher open on global vaccine hopes
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European stocks are expected to open higher on Tuesday, tracking positive global market sentiment.

Dr. Sonia Macieiewski samples proteins at Novavax labs in Rockville, Maryland on March 20, 2020, one of the labs developing a vaccine for the coronavirus, COVID-19.London's FTSE is seen opening 20 points higher at 6,104, Germany's DAX is expected to open 87 points higher at 11,453, France's CAC 40 is seen opening 32 points higher at 4,559 and Italy's FTSE MIB 101 points higher at 17,654, according to IG.

American biotech firm Novavax said Monday it started the first human study of its experimental coronavirus vaccine. The firm said it expects initial results on safety and immune responses in July. European stocks are expected to open higher on Tuesday, tracking positive global market sentiment as optimism grows that a coronavirus vaccine can be found.

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