European Shares Edge Higher on Lower Oil Prices
European shares rose as lower oil prices boosted market sentiment, while technology stocks declined following news of advances by a Chinese memory-chip maker. The STOXX 600 gained 0.44 percent with London leading regional indexes.
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European shares rose 0.44% to 638.44 points on Tuesday morning as lower oil prices boosted investor sentiment. The regional gain came despite technology shares dropping on competitive pressures from China. The benchmark performance followed regional energy declines linked to supply assessments in Saudi Arabia and Russia.
