European Stocks Close Mostly Higher in Tuesday Trading; EU Touts India Trade Deal
European stocks closed mostly higher, with the Stoxx Europe gaining 0.59%. A new EU-India trade deal aims to enhance supply chains and create jobs. Spain's unemployment rate fell to 9.93%, the lowest since 2008. The European Commission is assisting Alphabet under the Digital Markets Act. Shell and Eni face up to $4 billion in compensation after losing an arbitration case. UBS seeks dismissal of a lawsuit from a former trader over the Libor scandal. Nokia partners with Blaize for AI systems, while bank stocks, including HSBC and NatWest, saw gains.
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