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European stocks rise as investors wait to hear from Fed’s Powell

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European stocks rose Wednesday after two straight sessions of declines, as investors looked ahead to comments by Federal Reserve Chairman Jerome Powell later and the central bank’s economic forecasts.

The Stoxx Europe 600 index
SXXP,
+0.56%

rose 0.6% to 371.64, after Tuesday’s drop of 1.22%, which marked the biggest one-day percentage fall since May 29. The German DAX
DAX,
+0.38%

gained 0.4% on the heels of a 1.6% drop, while the French CAC 40
PX1,
+0.73%

rose 0.7% and the FTSE 100 index
UKX,
+0.54%

rose 0.5%.

The euro
EURUSD,
+0.33%

inched up…



Source marketwatch.com

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