European stocks climb as gold gains
European stocks rose today, supported by gains in the basic materials and technology sectors. The markets benefited from rising gold prices, a weakening dollar, and reduced expectations of an American interest rate hike. The Stoxx 600 index increased by 0.2%, while shares of mining and technology companies advanced between 2.2% and 1.1% respectively. The energy sector experienced slight gains due to higher oil prices, amid ongoing geopolitical tensions between the United States and Iran. Conversely, the food and beverages sector declined by 0.7%.
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