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Luxury goods lead European stocks higher as traders shake off rising euro

AstraZeneca and LVMH rose after upbeat updates from both companies

Luxury goods lead European stocks higher as traders shake off rising euro

European stocks rebounded from a one-week low on Friday, almost erasing their weekly loss as traders ignored the continued rally in the euro and instead focused on upbeat updates from heavyweights AstraZeneca and LVMH, MarketWatch reports.

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