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European stocks higher; DAX set to close 2018 with biggest loss in 10 years

December 28, 2018

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German stocks were poised for their worst annual return in 10 years on the last trading day for that country Friday, while the rest of Europe logged firm gains.

Wall Street trading remained volatile after a wild week of trading.

What did markets do?

Gaining back some of Thursday’s losses the Stoxx Europe 600 SXXP, +1.74% jumped by 2% to 336.17, after ending down 1.7% the previous day — which marked a new 52-week low for trading on this market. For the week, the index is down 6% and 14% lower for 2018 with just one half-day session on Monday left.

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