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European Stocks Rise to Record After ‘Goldilocks’ U.S. Jobs Data
(Bloomberg) — European stocks edged higher Friday, reaching a new record, as an increase in U.S. hiring boosted optimism over the economic recovery and assuaged concerns about the rollback in monetary stimulus.The Stoxx Europe 600 Index gained 0.4% by the close in London, with technology, miners and health care sectors leading the advance. Megacap tech stocks also led U.S. equities higher. Italy’s FTSE MIB Index closed at the highest level since October 2008.Airlines Fall Again; Saipem, Collect