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European stocks closed up on strong chip sector after Intel lifted its second- quarter sales outlook. France's index added 0.7%, Germany's finished 0.5% up and U.K.'s gained 0.4%. In currency markets the euro was slightly down against the U.S . dollar at $1.2127, the pound also traded down at $1.8119. Crude oil futures in NY have been volatile during the day's trading.
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