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European Stocks Close Higher on Vaccine News

European stocks closed Monday higher, opening the week with a positive performance on the back of positive news about the Moderna COVID-19 vaccine.

The STOXX Europe 600 index rose by 1.18% and finished at 389.74 points.

The UK’s FTSE100 closed higher by 1.66%, while the French CAC40 index gained 1.7%.

The German DAX index settled higher by 0.47%.

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