Stocks in Europe Trade Higher
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European stocks rose on Wednesday, with the STOXX 50 up 0.4% and the STOXX 600 up 0.3%. Banking and financial shares led gains, while defense and energy stocks also rebounded. Semiconductor firm ASML Holding rose 1.5%. However, luxury stocks underperformed. Investors anticipate monetary policy decisions, with the ECB expected to keep rates unchanged and the BoE likely to resume rate cuts.
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