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European Averages Gain Ground At Mid-Day |
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8:49 AM EST January 31 2006 |
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European stocks rebounded from yesterday’s declines, supported by oil and gas shares and mixed corporate news from telecoms and banking sectors. Investors were also awaiting the Fed Reserve’s decision on U.S. interest rates. The German DAX 30 rose 0.5%, the French CAC 40 advanced 0.5%, and London’s FTSE 100 added 0.2%.
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