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European shares rebound more on earnings; focus on Fed
European stocks rose early on Wednesday, adding to the previous day's bounce from three-month lows as forecast-beating corporate results soothed investors' worries over the earnings season and eclipsed lingering concerns over the euro zone debt crisis. At 0820 GMT, the FTSEurofirst 300 index of top European shares was up 0.8 percent at 1,041.15 points, while the euro zone's blue chip Euro STOXX 50 index was up 1.3 percent at 2,313.02 points. Technology shares set the pace, boosted by upbeat results from mobile network gear maker Ericsson, up 3.6 percent, and from Apple which climbed nearly 10 ... (full story)
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Posted: Apr 25, 2012 5:07am
Submitted by: FF News
Category: Medium Impact Breaking News
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