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European Markets Move Higher on Better Than Expected Economic Confidence

European stocks rose as the region’s economic confidence topped forecasts and investors awaited the start of the fourth-quarter U.S. earnings season. Asian shares retreated and U.S. index futures were little changed.

Vodafone Group Plc (VOD) surged the most in five months as the Wall Street Journal reported that Verizon Communications Inc. said it’s feasible it will buy the U.K. company’s stake in their Verizon Wireless joint venture. TGS Nopec Geophysical ASA rallied 7 percent as the Norwegian offshore surveyor forecast revenue that exceeded estimates. Debenhams Plc (DEB) slid 6.4 percent after the retailer cut its profit-margin forecast….”

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