German stocks outpace rest of Europe as cyclicals jump
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(Reuters) - European stocks hit their highest level since early March on Tuesday, cementing a rotation into cyclical sectors that helped German shares outperform. The pan-European STOXX 600 rose 1.6% to notch its strongest close since March 6, while a post-holiday catch up saw Germany's main share index jump 3.8% to its highest in nearly three months.Volkswagen , Daimler and BMW gained between 5.2% and 7.7% on hopes the German government's proposed 5-billion-euro stimulus package will boost..