European markets close higher on vaccine optimism and Biden transition progress – CNBC

European markets close higher on vaccine optimism and Biden transition progress – CNBC

LONDON – European stocks closed higher on Tuesday amid growing optimism over the discovery of another effective coronavirus vaccine and news that the Trump administration has accepted President-elect Joe Biden’s transition to the power. The pan-European Stoxx 600 gained 0.8% at the close, with oil and gas stocks rebounding 4.3% to lead gains as nearly […]

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