European stocks climb amid bond yield drop
European stocks rose today, Tuesday, supported by gains across all sectors, as Eurozone bond yields, which had recently increased due to financial and inflation concerns, declined. The STOXX 600 index advanced by 0.5%, Danish biotech company Genmab's shares surged by 4.4 to reach their highest level in three years, and healthcare stocks increased by 0.6%, while banking shares rose by 1.1%.
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