2/1, 5:30 PM (Source: TeleTrader)
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Europe closes higher after jobs, manufacturing data

Stock markets in Europe closed in the green on Tuesday following the latest unemployment and manufacturing data from Germany and the Eurozone, as well as the United Kingdom house prices report. In business news, Germany canceled a $5 billion chip deal with a Taiwanese tech firm and Tesco's latest moves could affect 1,600 jobs.

The DAX was up 0.96% at the close with Delivery Hero advancing 3.74%. In London, the FTSE 100 increased by 0.96% at the end of the trading session with its best performer, Scottish Mortgage Investment Trust, rising 3.83%. The CAC 40 closed 1.43% higher as ArcelorMittal jumped 5.40%.

The euro was 0.14% higher against the dollar, selling for 1.12512 at 5:29 pm CET, while the pound gained 0.44% compared to the greenback, buying 1.35090 concurrently.

Baha Breaking News (BBN) / MS