
Easing Oil Prices Undergird European Bourses Midday

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European bourses rose modestly as traders considered Middle East peace prospects and cooling oil prices, with Brent crude down 3.2% at $96.26 a barrel. The Stoxx Europe 600 Index increased by 0.1%, led by a 1.5% rise in the Technology Index. The Eurozone's trade surplus was reported at 11.5 billion euros in February. National indexes showed Germany's DAX up 0.6% and the FTSE 100 down 0.3%. The Euro Stoxx 50 volatility index fell 5.5%, indicating above-average market volatility ahead.
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