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Telecom Helps Lift European Markets
European markets were bounding back, partly helped by today's rally on Wall Street.
In London, strength in telecoms and bank stocks brought the FTSE 100 back to life at midmorning, but the blue-chip proxy gave back some of that strength in afternoon trading. The FTSE ended the day up 39.90 to 6327.20.
The FTSE opened down after information technology firm Sema(SEMA Quote) warned that its results for the second half of this year would miss targets. ...
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