Europe: Stock markets rally at open
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[LONDON] European stock markets rallied at the start of trading on Friday, as dealers took their cue from overnight gains on Wall Street.
London's benchmark FTSE 100 index of major blue-chip companies advanced 0.9 per cent to 7,617.19 points compared with Thursday's closing level.
In the eurozone, Frankfurt's DAX index was up 1.3 per cent to 14,257.30 points and the Paris CAC 40 also leapt 1.3 per cent to stand at 6,546.17.
Wall Street recovered from steep intraday losses to end on a positive note on Thursday, even as investors braced for tighter monetary policy from the US Federal Reserve.
However, Asian equities struggled on Friday at the end of a tough week dominated by the Fed's hawkish tone in minutes from its latest meeting. AFP
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