European stocks advance as oil prices fall
European stocks rose at the start of trading, supported by a decline in oil prices and stability in the global bond sell-off, following the U.S. Federal Reserve's decision to raise interest rates by 0.25%. Oil prices continued to fall below $100 per barrel. Sector performance varied, with travel and technology shares increasing by 0.8%, while energy stocks experienced a slight decline. The market was also anticipating the Bank of England's decision, expected to keep interest rates unchanged, amid stable bond yields, which temporarily boosted European stocks.
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