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Stocks in Europe Edge Higher

stocks-in-europe-edge-higher

In Europe, the Stoxx Europe 600 climbed 0.4% in morning trade. Industrials and energy sectors led gains while communication services and information technology sectors lost ground.

Shares in Capita rose 3.5% and Rotork added 2.8%. The Sage Group slipped 2.3%, posting its fourth consecutive session of declines.

The U.K.’s FTSE 100, which is dominated by large international businesses, edged up 0.3%.

Other stocks in Europe also mostly climbed. The U.K.’s FTSE 250 gained 0.3%, and Germany’s DAX added 0.5%.

The British pound strengthened 0.2% against the U.S. dollar, with 1 pound buying $1.37. Meanwhile, the Swiss franc and the euro traded flat against the U.S. dollar.

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