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European Shares Rise On Growth Optimism


European Shares Rise On Growth Optimism
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks advanced on Tuesday as investors looked past the region s slow pace of vaccinations to focus on signs of a robust U.S. economic recovery.
The pan-European Stoxx Europe 600 index was up 0.7 percent at 435.39 after climbing as much as 1 percent to a record high earlier in the day.
The German DAX jumped 0.9 percent, France s CAC 40 index rose 0.6 percent and the U.K. s FTSE 100 was up 1.1 percent.
Miners Anglo American, Antofagasta and Glencore rose 3-4 percent on optimism for a swift economic recovery.
BP Plc climbed 3.1 percent and Royal Dutch Shell added 1.1 percent as oil prices rebounded on dollar weakness. ....

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FTSE 100 Rallies On Growth Optimism


FTSE 100 Rallies On Growth Optimism
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks rallied on Tuesday as upbeat U.S. data released overnight and signs of rising car sales added to investor optimism about an economic recovery.
New car registrations in the U.K. climbed 12 percent annually in March, the first month of growth since August, an industry body said.
The month represents the anniversary of the first lockdown in March 2020, when the pandemic brought Britain to a standstill and registrations plunged 44.4 percent.
The benchmark FTSE 100 jumped 80 points, or 1.2 percent, to 6,817 as trading resumed after a long holiday weekend.
Miners Anglo American, Antofagasta and Glencore rose 3-4 percent on optimism for a swift economic recovery. ....

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