Global stock markets rose on Tuesday as investors shook off worries about a hedge fund default that hit international banking stocks overnight and remained focused on the global COVID-19 vaccination programme. European stocks opened higher with the regional STOXX 600 index up 0.5%. Britain’s FTSE 100 rose 0.6%, Germany’s DAX and Italy’s FTSE MIB rose 0.5% each, and France’s CAC 40 rose 1%.

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