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(From FT Investor (Pulses))
Opening gains for US stocks helped keep most European equity markets on an upward track on Tuesday afternoon, although there was a distinct lack of confidence among market observers that the gains could be maintained. Insurance and telecoms tocks were mong the best performers, although an early rally for retailers on the back of strong sales figures from Marks and Spencer fizzled out. The pan-European FTSE Eurotop 100 index was up 0.5 per cent at 1,820.20, although the Xetra Dax index in Frankfurt was 0.4 per cent lower. In Paris, the CAC 40 was up 1 per cent and London's FTSE 100 firmed 0.5 per cent. Shortly ...