The ECB's shocking interest rate cut announcement has
Britain's FTSE 100 is up 0.4%.
France's CAC 40 is up 1.1%.
Germany's DAX is up 1.0%.
Spains IBEX is up 1.2%.
Italy's FTSE MIB is up 0.7%.
U.S. stock market futures are also rocketing higher with Dow futures now up 87 points. Here's a look at Dow futures via FinViz.
FinViz