Europe stocks rise; UBS up 2.6% after bank announces Ermotti to return as CEO
Retail and autos posted the biggest losses, falling 1.4% and 0.7%, respectively. The pan-European Stoxx 600 index was up 0.56% in morning trade, with banks up 0.9%. Tech stocks reversed Tuesday's decline with a 1.6% gain while the financial services sector was up 0.9%. European stock markets were…
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