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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: UK stocks rise after services PMI signals economic recovery

Britain's services sector returned to growth in July as stronger domestic demand and easing cost pressures helped lift business activity, according to an S&P Global survey reported by Reuters.

The upbeat data also supported sentiment across European markets, with regional equities trading higher on Wednesday as investors assessed corporate earnings, improving economic indicators and diplomatic efforts to ease tensions in the Middle East, according to Reuters.

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