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European stocks extended Monday's rally as the prospects for tax cuts in the world's largest economy continued to buoy general market sentiment. The euro also advanced as the dollar once again trimmed recent gains and Treasurys nudged higher. Emerging-market equities extended Monday's increase.Stocks: The Stoxx Europe 600 Index climbed 0.1 percent as of 8:09 a.m. London time to the highest in almost six weeks.The Japanese yen was unchanged at 112.55 per dollar.Bonds: The yield on 10-year Treasurys declined one basis point to 2.39 percent. Britain's 10-year yield climbed one basis point to 1.158 percent. Japan's 10-year yield was unchanged at 0.042 percent, the lowest in more than two weeks.
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