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MADRID European stock markets opened higher on Thursday, following on the heels of a prior-day gains for Wall Street after optimistic comments from President Barack Obama and others about reaching a deal over the fiscal cliff. Asia stocks also rose and U.S. stock futures pointed to another day of gains. The Stoxx Europe 600 index rose 0.4% to 274.33, led by the banking sector with Banco Santander SA up 1.1% and BNP Paribas SA rose 1%. The German DAX 30 index rose 0.5% to 7,381.61, the French CAC 40 index rose 0.6% to 3,536.19 and the FTSE 100 index rose 0.4% to 5,829.30. Shares of Invensys PLC jumped 12%. A day prior, the technology group said it sold its rail signaling unit to Germany's Siemens AG for 1.74 billion pounds ($ 2.78 billion).

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