European shares climbed nearly 1% on Monday, as a pause in U.S.-Iran hostilities over the weekend sent oil prices lower and boosted risk appetite.
The pan-European STOXX 600 index was up 0.8% at 649.34, as of 0706 GMT. Travel and leisure stocks led broader gains, up 2.4%, as lower oil prices boosted the outlook for airlines.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
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