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European Stocks Inch Higher, UK Names Lag

EQUITIES

European indices are generally higher across core markets, with French, German markets slightly outperforming (posting gains of 0.7% or so) while the UK's FTSE-100 lags slightly on GBP strength to trade roughly flat.

Energy and real estate are trading well, with utilities and consumer discretionary not far behind. Defensive healthcare and consumer staples are the sole sectors in the red.

The e-mini S&P steered clear of any test of the Monday lows at 3596.00, with the Tuesday highs of 3695 in view for now.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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