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European Averages Advance At Mid-Day |
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8:31 AM EST January 04 2006 |
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European stocks advanced at mid-day after the Fed Reserve signaled that the U.S. rate-hike cycle is close to an end and oil prices slipped, reflecting the settlement of Russia-Ukraine conflict. The German DAX 30 gained 0.8%, the French CAC 40 climbed 0.9%, and London’s FTSE 100 rose 0.5%.
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