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Market Update

European Stocks Extend Rally

European stocks extended gains Tuesday, rallying in lockstep with their U.S. and Asian counterparts after Alcoa Inc.'s better-than-expected results kicked off the earnings season on a positive note.

At 8:45 a.m. in London, the FTSE 100 was up 1.2%, the CAC 40 Paris rose 0.7% while the DAX Frankfurt added 1.1%.