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Europe's main stock markets opened higher Thursday as earnings and stimulus optimism offset simmering China tensions, dealers said.
London's benchmark FTSE 100 index of major blue-chip companies rose 0.3 per cent to 6,225.61 points compared with the closing level on Wednesday.
In the eurozone, the Paris CAC 40 index climbed 0.4 per cent to 5,058.65 points and Frankfurt's DAX 30 gained 0.4 per cent to 13,159.99.
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"Hopes of more US stimulus and upbeat US earnings overnight are overshadowing rising Western tensions with China," said City Index analys Fiona Cincotta.
Asian markets were mixed Thursday as investors juggled hopes for a new US stimulus deal with concerns about the coronavirus and another flare-up between China and the United States.
The pan-European STOXX 600 index fell 1.9%, on track for its biggest one-day drop in a month, pushing it to a weekly loss for the first time in four weeks.
The pan-European STOXX 600 index were up 0.1% at 0714 GMT, with technology, automakers and oil & gas firms leading the gains.
London's benchmark FTSE 100 index was up 1.0 per cent, in the eurozone, Frankfurt won 0.9 per cent and Paris climbed 0.8 per cent.
London's benchmark FTSE 100 index dropped 0.5 percent to 6,152.82 points. The Paris CAC 40 index retreated 0.6 percent to 5,010.03 and Frankfurt's DAX 30 shed 0.3 percent to 12,961.12.
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US consumer sentiment increased in early September, with Democrats more upbeat about the economy’s outlook compared to Republicans ahead of the Nov. 3 presidential election.
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