Author: Elena Todorova
123jump.com
Last Update: 12:50 PM EDT April 19 2006
European markets extended earlier gains to close sharply higher, boosted by hopes that the Fed Reserve will stop raising interesrt rates. Construction, household goods and utilities stood out as leading gainers among stocks. The German DAX 30 climbed 1.5%, the French CAC 40 rose 1.2%, while London FTSE 100 advanced 0.7%.
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