European stocks recovered in afternoon trading to close sharply higher, supported by oil, mining and auto stocks. Oil companies like BP and Royal Dutch Shell rose on higher crude oil prices. The Italian MIB-30 climbed 1.3% after exit polls pointed to an opposition election victory. The German DAX 30 jumped 0.9%, London FTSE 100 rose 0.7%,and the French CAC 40 gained 0.3%. |
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