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Stocks Rise In Europe, Tokyo Hits Record High

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, July 10, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

Shares advanced in Europe on Wednesday after most markets in Asia declined, although Tokyo’s Nikkei 225 index closed at another record high. Investors are awaiting comments by Federal Reserve Chair Jerome Powell to a congressional committee and looking ahead to earnings reports.

Germany's DAX gained 0.2% to 18,280.58 and the CAC 40 in Paris was nearly unchanged at 7,510.64. In London, the FTSE 100 added 0.3% to 8,166.49. The future for the S&P 500 edged 0.1% higher while that for the Dow Jones Industrial Average slipped 0.1%.

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