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HSBC, SocGen earnings lift European markets

European markets climbed as first-quarter earnings from banks HSBC and Societe Generale came in strongly.

How did markets perform?

The Stoxx 600 SXXP, +0.42% rose 0.4% to 390.5, countering a 0.6% fall Thursday.

The U.K.’s FTSE 100 UKX, +0.77% climbed 0.7% to 7,404.1, more than reversing its drop Thursday of 0.5%.

The pound GBPUSD, -0.2225% retreated 0.2% to $1.3002, on top of Thursday’s decline of 0.4%.

In Germany, the DAX DAX, +0.47%DAX, -0.19% ticked up 0.4% to 12,394.6 after ending Thursday flat.

Italy’s FTSE MIB I945, +0.15% was up marginally to 21,734.4, a gain of 0.1%.

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