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European shares close modestly higher, giving up most of a big pop following the expected (to...

European shares close modestly higher, giving up most of a big pop following the expected (to all but the most hopeful eurosceptics) approval by the German Constitutional Court of the ESM. Stoxx 50 +0.3%, Germany +0.5%, France +0.2%, Italy +1.2%, Spain +0.7%, U.K. -0.2%. The euro stakes out a new multi-month high, +0.3% to $1.2897.
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