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European Stocks Close Higher Despite Negative Data

M. Ali 2 September, 2020 10:45 pm Global Stock Market, Market Update

European stocks closed higher on Wednesday, despite a surprise fall in retail sales in Germany, amid an improved risk appetite and investors sentiment with recent surges in Wall Street.

The Stoxx Europe 600 finished higher by 1.66%, while the UK’s FTSE100 gained 1.35%.

In France, the CAC40 index increased by 1.9%.

Meanwhile in Frankfurt, the German DAX index surged by 2.07%.

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