European shares surge amid expectations for solution on fiscal cliff

Note: This section contains information in English only.
Source: Bloomberg
© scanpix/AFP
European shares gained after Barack Obama said we would talk to Republican lawmakers about possible ways to resolve the so-called fiscal cliff. Today trading might be flat, as investors wait for the solution on fiscal cliff. The Stoxx 600 advanced 0.1% to 265.9, yet the index has lost 3.2% since the U.S. president's reelection. The index was mostly boosted up by gains in technology and auto-industry shares.

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