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German shares hit record highs as easing coronavirus fears lift Europe

The German share price index DAX graph is pictured at the stock exchange in Frankfurt
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(Reuters) - German shares hit a record high on Tuesday, leading European stocks to a record too amid hopes the coronavirus outbreak may plateau soon and that the impact on the global economy might not be significant as feared.Deutsche Telekom jumped nearly 4%, driving the rally in Frankfurt's DAX , after the telecom giant's T-Mobile and wireless carrier Sprint got U.S. approval for a merger..
Date Published: Feb 11, 2020
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