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4/23, 5:32 PM (Source: TeleTrader)
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Europe closes higher, earnings in focus

European markets closed with gains on Tuesday after a string of American companies reported upbeat earnings, including United Technologies, Coca-Cola, Twitter, Procter & Gamble, Verizon and Lockheed Martin. Earlier in the session, the FTSE 100 reached its six-month high as the oil companies spiked on the announced Iran sanctions waivers halt.

Meanwhile, investors were awaiting news on the Brexit negotiations set to continue between the United Kingdom government and the opposition later this week after an Easter break. A report came out earlier saying that a "powerful backbench MP" will ask Prime Minister Theresa May to resign later in the day.

The DAX added 0.16% at the close. Fresenius was the best performer, climbing 2.91%.

The CAC 40 increased 0.29% with energy services company TechnipFMC leading, while the FTSE 100 jumped 0.83%, as John Wood Group surged 4.34%.

The euro fell 0.47% against the dollar to go for $1.12045 at 5:32 pm CET, while the pound lost 0.39% compared to the greenback, changing hands for $1.29328.

Breaking the News / NI