European stocks higher after Fed chair signals more rate hikes possible

European stocks higher after Fed chair signals more rate hikes possible

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Germany's DAX 30 was up 1%, France's CAC 40 climbed 1.4%, and the Italian FTSE MIB gained 1.1% by 3.20 p.m. London time. Markets are closed in the U.K. for a public holiday. It came as investors continued to reflect on a roundup of commentary from the Kansas City Federal Reserve's annual retreat…

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