European shares rose today and were on track to end the month higher, as investors took comfort from expectations that a proposed deal to extend the Middle East ceasefire and restore shipping through the Strait of Hormuz could be finalised. The agreement was yet to be approved by U.S. President Donald Trump, sources said, and did not address more complex issues such as Iran’s nuclear program. The pan-European STOXX 600 was up 0.3% at 626.91 points, as of 3:15 a.m. ET, and poised to end the week higher. The benchmark index had come within striking distance of record highs earlier…
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