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European Stocks Open Higher; Rheinmetall and Maersk Slump on Guidance

European equities opened higher on the day, with Germany’s DAX up 0.05%, the UK’s FTSE 100 up 0.95%, France’s CAC 40 up 1.01% and the Euro Stoxx 50 up 0.32%. Rheinmetall shares fell 13% after the company cut its sales guidance, while Maersk dropped 12% after issuing guidance below market expectations.

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