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European stocks advance as investors monitor coronavirus developments

European stocks advance as investors monitor coronavirus developments

European stocks rose on Friday as investors weighed up rising coronavirus cases in the US and China against sprawling stimulus measures from central banks. Europe’s composite Stoxx 600 gained 0.9 % in early afternoon trading, helped by the CAC 40 in Paris adding 1.2%. London’s FTSE 100 rose 1.3% after news that British retail sales had rebounded stronger than expected in May.

Sandra
Sandra
Top in Business