European markets close higher as traders monitor earnings and bond yields; Deutsche Post up 3%
European stocks closed higher on Tuesday as traders monitored U.S. bond yields and new earnings releases.
The pan-European Stoxx 600 gained 0.8% during the session, with utilities climbing 2% and retail up 2.5%.
Back in Europe, the euro zone economy contracted by 0.7% in the final quarter of 2020, the European statistics agency said Tuesday, revising down its previous flash estimate for a 0.6% quarterly contraction.
Reference: CNBC
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