Global equities settle down after gains
European equities closed higher Monday as strong US jobs data continued to brighten investors' mood, but Wall Street ran into profit-taking as the market absorbed record-breaking gains. The London market eked out a small improvement on its recent winning streak seen after the Bank of England brought on heavy monetary artillery in the form of a rate cut and quantitative easing to combat the economic fallout from Brexit. In the eurozone, Frankfurt rose 0.6 percent and Paris managed 0.1 percent.
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