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European stocks lifted as Italian banks and Nestlé rise

Energy giants including Total and Royal Dutch Shell also rose after a jump in oil prices

European stocks lifted as Italian banks and Nestlé rise

European stocks logged broad gains on Monday, lifted by Italian banks after Rome stepped in to shut down two failed lenders, and as Nestlé rallied after a hedge fund snapped up a major stake in the consumer-products giant, MarketWatch reports.

The Stoxx Europe 600 index climbed 0.6% to 389.87, setting it on track for its highest close in a week.

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