European stocks extend first-half gains

European stocks extended gains on Monday, led by cyclical sectors, as signs of cooling US inflation fueled appetite for risk assets.

The Stoxx Europe 600 Index added 0.2% by 10:52 a.m. in London. Miners, energy and banking stocks advanced, while consumer products and health care underperformed. The Euro Stoxx 50 index was set for the highest closing level since December 2007.

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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