Europe Markets: European stocks hold at 2-month highs as energy names rally [MarketWatch]
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Source: MarketWatch
European stocks hold at 2-month highs as energy names rally European stocks traded around their strongest levels in more than two months Tuesday, led by gains for oil and gas shares, as investors continued to wade through a stream of corporate earnings reports. The Stoxx Europe 600 index SXXP, +0.09% picked up 0.2% to 384.02. The oil and gas and tech groups logged the biggest rises, while the telecom and consumer services sectors fell. On Monday, the benchmark rose 0.4% and finished at its highest level since Feb. 2. Germany’s DAX 30 index DAX, +0.30% marched up 0.5% to 12,531.98. The U.K.’s FTSE 100 UKX, +0.31% bulked up by 0.4% to 7,428.82, on track for a sixth straight win . But France’s CAC 40 index PX1, -0.10% was up just 2 points at 5,440.56. The euro EURUSD, +0.0491% bought $1.2194, down from $1.2209 late Monday in New York. The yield on Germany’s 10-year bund TMBMKDE-10Y, -2.97% fell 1 basis points to 0.61%, according to Tradeweb data, as prices rose. Check ou
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