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club Felene

European Stocks Close Higher On Strong UK Retail Sales Data, Rate Cut Hopes

by Business Editor
February 16, 2024
in Market News
Reading Time: 1 min read

European stocks closed higher on Friday, extending recent gains, with investors cheering UK retail sales data and some encouraging corporate earnings updates. Optimism about interest rate cuts by several central banks sometime in the second half of the current year contributed as well to the positive mood in the region.
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