Reuters
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European stocks extended their year-end gains today, as global growth prospects were boosted by a trade agreement linked to Brexit and hopes for an increase in the US stimulus package.
The European “STCOS 600” index rose 0.8 percent, by 08:28 GMT, to rise for the fifth consecutive session and reach a new ten-month high.
British stocks rose after a long weekend, as the FTSE 100 index of blue-chip stocks jumped 1.6 percent after a trade deal linked to Britain’s exit from the European Union between the two sides struck on Thursday.
The German “DAX” index rose 0.6 percent and continued its record rise, as global markets won, supported by hopes that a US aid package linked to the pandemic will be raised in size.
Source: Reuters
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