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European markets move higher after recent market turmoil; Hexagon rallies 9%

The pan-European Stoxx 600 ended at 2.06 percent, with all sectors and major bourses in positive land.

Oil and gas stocks were among the top performers, up more than 2.43 percent among corporate earnings news. Statoil announced stronger-than-anticipated fourth-quarter denouements, marking the latest oil company to benefit from a rapidly improving locale for big energy firms. Statoil’s shares closed up 4.61 percent.

Swedish industrial technology unchanging Hexagon closed top of the European benchmark. The company said like-for-like in stocks in the final three months of 2017 had increased sharply from the erstwhile quarter. Its shares were up 10.04 percent on the news.

Meanwhile, Danish enzymes maker Novozymes fusty near the bottom of the index after it reported weaker-than-expected earnings consequences. The firm cited challenging conditions in agriculture markets as it missed analyst bulges for fourth-quarter results. Its shares were down 4.28 percent.

Carlsberg appropriates were sharply lower, closing down 3.61 percent, after the Danish brewer after beer books fell in its key market of Russia.

By late morning in the U.S. markets, stocks had gone in choppy trade as Wall Street tried to build on the strong bring ins set in the previous session.

The Dow Jones industrial average climbed 300 accentuates after opening 127 points lower. Boeing and Walmart were the best-performing handles in the index, rising more than 3 percent.

The S&P 500 rose 1.2 percent, with telecommunications and industrials as the best-performing sector. The Nasdaq composite traded 0.8 percent steep.

Futures fell sharply before the open, with the Dow tipped to plain 300 points lower at one point.

— Reuters contributed to this discharge

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