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European stocks get a lift from upbeat manufacturing data

‘Resurgence continues’ in France’s manufacturing sector, says Markit

European stocks get a lift from upbeat manufacturing data

European stocks moved higher Tuesday, getting a lift after Greece signed a deal to release the next tranche of bailout aid and after data showed eurozone manufacturing output on the rise, MarketWatch reports.

The Stoxx Europe 600 index was up 0.3% at 387.66, led by the oil and gas, healthcare and telecom sectors. The basic materials group was the only sector in red, according to FactSet data. On Monday, trading in most European markets was closed for the May Day holiday.

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