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European markets were mostly higher today, with the Spanish Ibex Index rising 1.1%, STOXX Europe 600 Index climbing 0.6% and German DAX 30 index gaining 0.8%.
The pan continent index Stoxx Europe 600 Index fell. 
Retailers led declines in the Stoxx Europe 600 index as Asos Plc plunged after warning that its Christmas shopping season got off to a disastrous start.
The STOXX Europe 600 Index fel 1.34 per cent to be at 354.92.
Meanwhile, European markets saw a positive drop of 2.4 percent last August, according to the STOXX Europe 600 index. Moreover, Germany's DAX index lost 3.5 percent, while France's CAC 40 index dropped 2.0 percent.
Last week, the Stoxx Europe 600 index tumbled 5 percent, or around e1/41 trillion ($1.22 trillion) in market cap, as shares across Europe couldn't escape a major sell-off in US equities that saw US stocks fall 7.2 percent -- the worst weekly fall since the depths of the eurozone crisis in 2011.
The risk-reward calculus on the Stoxx Europe 600 index at 368 (as I write) is utterly compelling.
The pan-European STOXX Europe 600 index fell around 1.6 percent in 2016, while Italy's benchmark FTSE MIB slumped about 10 percent.
The STOXX Europe 600 index was up 0.1 percent by 0717 GMT after hitting a seven-week high earlier in the session, recouping all of its post-Brexit losses.
The benchmark DJ Stoxx Europe 600 index increased 1.30% while in Germany the DAX was 1.60% higher and in France the CAC 40 increased by 1.78%.
The Stoxx Europe 600 Index climbed 0.6 percent to 399.54 at 4:30 p.m.
Standard & Poor's 500 Index futures added 0.4 percent and the Stoxx Europe 600 Index rose 0.1 percent.