European stocks rebound sharply; Frankfurt soars 4%

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Europe's major stock markets rebounded sharply in early deals on Wednesday from recent Ukraine-driven losses.

Frankfurt's benchmark DAX soared 4.0 percent to 13,345.07 points and the Paris CAC 40 surged 3.8 percent to 6,188.84.

"European stock markets are enjoying a bounce this morning –- some sense that the recent moves were oversold," noted Markets.com analyst Neil Wilson.

 

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