coming up, we will speak with lori lco john paul aegon -- l'oreal ceo john paul-agon.ally after l'oreal's sales forecast. equities trading higher in terms of european stocks across the board. on the cac. paris we also see u.s. futures pointing to a stronger open on wall street. this is bloomberg. ♪ matt: welcome back to "bloomberg markets: european open." we are 30 minutes into the session and pretty decent gains in terms of the equity indexes today, on optimism about plans globally to bring an end to the lockdown. it certainly in the western world, and to bring business back. 3%, all ofn index up the groups are gaining right now, the industrial groups gaining. travel and leisure, a big bounce back from the poor performance yesterday. industrial goods and services, also good. all the automakers rising higher iner auto sales dropped 52% the last month. let's get the bloomberg first word news, here are your top stories. china's economy contracted for the first time in decades as the coronavirus outbreak shut down large parts of the economy. gdp shrunk 6%, the worst perfo