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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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50% Center
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Reuters broke the news in United Kingdom on Thursday, March 30, 2023.
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