European stocks rise as risk appetite fuels rebound by laggards – Bloomberg

European stocks rise as risk appetite fuels rebound by laggards – Bloomberg

European stocks rose as investors turned to risky assets that fell behind the market rally, amid optimism in the face of historic Wall Street highs.

The Stoxx Europe 600 Index was up 0.7% at the close in London in a large rally, with all but three sectors in the green. Among the most important were stocks in banks, telecommunications and construction.

While US stocks hit a record high on…

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