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Published 1 year ago

European stocks rally as banking worries fade

Summary by Ground News

European stocks hit a two-week high on Thursday, as a surprise profit by Swedish retail giant H&M and fading concerns about stress in the banking sector sparked a rally on Wall Street overnight. The pan-European STOXX 600 index (.STOXX) rose 0.6% by 0708 GMT, hitting it strongest level since March 13.

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European stocks rally as banking worries fade

European stocks rose to near three-week highs on Thursday, lifted by upbeat results from retail giant H&M and as fading concerns about the global banking sector fuelled a Wall Street rally.

1 year ago·United Kingdom

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European stocks rally as banking worries fade

With contagion appearing to be contained for now, investor jitters eased

1 year ago·Dublin, Ireland

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