Europe Markets
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European stocks closed mainly in positive territory, helped by a morning rally in the U.S.
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European stocks closed down on Tuesday, as investors sold shares in banks following more bad news from subprime-affected financials and took their cue later in the afteroon from U.S. markets.
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European stocks closed mixed in the afternoon session Monday, after European Central Bank President Jean-Claude Trichet kept the options open for euro-zone rate moves ahead of an ECB monetary policy meeting next week.
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European stocks finished the week in the green after stronger-than-expected U.S. durable goods orders and new home sales data on Friday pushed back fears of a spillover of the credit markets crisis to the wider economy.