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<Europe> European Stocks Broadly Higher in Early Session; Spain's Puig Slumps 13% as Merger Talks Collapse
Market rumors suggested Iran and the United States had reached a final draft of a peace agreement. Iranian officials later denied that a deal had been reached, though differences b...
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<Europe> European Stocks Broadly Higher in Early Session; Spain's Puig Slumps 13% as Merger Talks Collapse
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Market rumors suggested Iran and the United States had reached a final draft of a peace agreement. Iranian officials later denied that a deal had been reached, though differences between the two countries have narrowed. Major European stock markets traded broadly higher in early Friday (22nd) session. The pan-European STOXX 600 index rose 0.5% to 623.85. The UK's FTSE 100 gained 36 points, or 0.35%, to 10,480. France's CAC rose 27 points, or 0.3%, to 8,113. Germany's DAX climbed 142 points, or 0.6%, to 24,749. Italy's FTSE MIB added 245 points, or 0.5%, to 49,413. Spain's IBEX 35 increased 57 points, or 0.3%, to 18,032.

Spanish beauty brand Puig plunged 13.2% after merger talks with US peer Estee Lauder Companies, Inc. (The) (EL.US)      collapsed. Estee Lauder Companies, Inc. (The) (EL.US)      surged 9.1% in pre-market trading.

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Futures for the three major US stock indices moved higher. DJIA futures rose 110 points, or 0.2%. S&P 500 futures and Nasdaq futures gained 0.14% and 0.19%, respectively. (da/a)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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