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European stocks approach record highs, oil prices fall

Reuters +2 · ·by G4L

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  1. 1European stocks rose toward record highs on Tuesday.
  2. 2Benchmark crude oil futures fell 1% on the day to $91.56 per barrel.
  3. 3Traders are pricing in an 84% probability of a Fed rate hike in December.

So what's the key point?

European stock prices have approached their highest levels ever. Oil prices fell by about 1%, and the possibility of interest rates rising has increased.

Source Reuters +2 · View original ↗

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