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Europe Stocks Up Before US Data

Doha: European stocks rose slightly on Tuesday ahead of US economic data, amid growing expectations of an interest rate cut in the world's largest economy. The STOXX 600 index rose by 0.1 percent to 563.38 points.

According to Qatar News Agency, regional bourses showed mixed performance: the German DAX fell 0.1 percent, while the French index rose by the same amount. The banking sector was the biggest driver of the European index, gaining 0.4 percent, and commodity-linked stocks such as oil and mining companies climbed 0.7 percent and 0.6 percent, respectively.

Kingfisher's share gained 4.3 percent, making it one of the top gainers on the STOXX 600.

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