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<Europe>European Stocks Stabilize in Early Session as Bayer Surges 10%; Mkt Watches for US Inflation Data
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The DJIA climbed 1,160 points or 2.8% overnight after the US and China reached a trade consensus. European stocks stabilized in today (13th)’s early session as the market watched for the US inflation data. The latest unemployment rate released by the UK was 4.5%, in line with expectations. The UK stock market stabilized. The pan-European STOXX 600 index inched up 0.95 points or 0.2% to 545.44, while the FTSE 100 added 1 point to 8,606. The DAX spiked 19 points to 23,585, and set an all-time high of 23,622 during the intraday trading session. The CAC 40 picked up 8 points or 0.1% to 7,859, while Spain’s IBEX 35 gained 96 points or 0.7% to 13,751. Italy's FTSE MIB lifted 155 points or 0.4% to 40,077. AAStocks Financial News |
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