European stocks advance at open

Europe’s stock markets opened higher Thursday, after gains elsewhere, on growing optimism over talks aimed at averting a catastrophic US debt default.

In initial deals, London’s benchmark FTSE 100 index gained 0.5 percent to 7,762.20 points compared with Wednesday’s closing level.

In the eurozone, the Paris CAC 40 won 0.7 percent to 7,449.71 points and Frankfurt’s DAX was up 0.8 percent at 16,081.01.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

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