European Market Updates

DAX Rallies As China Unveils Aggressive Stimulus

German stocks advanced on Tuesday after China unleashed a swath of stimulus measures including cuts to its benchmark interest rate to put the economy out of its deflationary funk and back towards the government's growth target.

The benchmark DAX was up 166 points, or 0.9 percent, at 19,013 after climbing 0.7 percent in the previous session.

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by RTTNews Staff Writer

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