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European stocks gain on defense sector rally
European stocks rose slightly as investors eased their concerns about the impact of US sanctions on Iran. Gains in defense company shares boosted market performance, with the Stoxx 600 index up by 0.3% to reach 656.14 points. Meanwhile, US Treasury yields declined following reports that the Treasury may use its reserves to finance larger bond buyback operations, amid anticipation of Nvidia's earnings report scheduled for tomorrow.
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