European shares climb on signs of waning coronavirus cases
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(Reuters) - European shares rallied for a second straight day on Tuesday with investors focusing on early signs that the coronavirus pandemic may be easing, even as major companies took steps to shore up cash.The pan-European STOXX 600 index rose 3.1% to its highest level in nearly a month, with Spanish and Italian stock surging 3.4% and 4.5%, respectively, on a slowdown in new infections in Italy, Spain and hard-hit parts of the United States."We see this rally as a necessary part of price..