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European Stocks Climb Ahead Of Ifo Data, Draghi Speech

European stock markets opened with solid gains on Thursday ahead of German business-confidence data and a speech by European Central Bank President Mario Draghi. Equities in Europe were also boosted by a strong rise in U.S. stock futures on the back of better-than-expected earnings reports from Apple Inc. and Facebook Inc. late Wednesday. The Stoxx Europe 600 index climbed 0.6% to 336.96, setting it on track for a 1.4% weekly advance. The U.K.'s FTSE 100 index rose 0.4% to 6,701.23, while Germany's DAX 30 index gained 0.5% to 9,594.23. France's CAC 40 index added 0.6% to 4,477.54. The French benchmark was buoyed by Alstom SA rallying 15% after reports that General Electric is looking to buy the industrial company.Copyright © 2014 MarketWatch, Inc....

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