European stocks bounce as earnings lend support
European shares breathed a sigh of relief on Tuesday, as earnings from companies including UBS and Maersk boosted sentiment, following an equity sell-off in the previous session driven by global growth fears. The continent-wide STOXX 600 .STOXX rose 0.6% after plunging nearly 2% on Monday over worries of an economic slowdown in China and rapid U.S. interest rate hikes. Miners .SXPP and oil .SXEP stocks were among the biggest gainers after slumping on Monday. Nearly all subsectors and regional markets were in the black. Chinese stocks .CSI300, .SSEC recovered from ...
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