Nokia Rallies As European Markets Show Slight Gains

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HFA Staff
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Here’s our roundup of key moves in European shares this morning. Unfazed by a downgrade from Goldman Sachs Group, Inc. (NYSE:GS) last week, Nokia Corporation (NYSE:NOK) was on traders’ radar and closed higher by 5.7 percent to €2.09, as they anticipated that the beaten down phone-maker could benefit from a change in fortunes, after it releases its new high-end phones before Apple’s Inc. (NASDAQ:AAPL) new gen iPhone. In general, Europe continued to float at a four-month high, as global risk appetite went into overdrive, following soothing noises by the ECB and surprisingly good job numbers out of the U.S. "Markets...

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