Europe Markets: European stocks trade mixed to kick off November action after brutal October

European stocks saw mixed trading action Thursday to kick off November, with the pan-European index rising, while London’s equity market retreated amid a surge in the pound following reports that an accord on Brexit may be at hand.

How did markets perform?

The Stoxx Europe 600 SXXP, +0.41% gained 0.4% to end at 363.08, after the index fell 5.6% on Wednesday, its largest one-month decline since January 2016.

Germany’s DAX 30 DAX, +0.18% edged 0.2% higher at 11,468.54, also following that bourse’s worst month in about two years. The DAX has declined in three consecutive months.

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