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Market Update

Europe: Stocks Edge Higher; Alcatel-Lucent Up

Shares in Europe stepped higher in early trade, after starting in the red, amid rising optimism Euro-zone authorities will be able to manage the region's debt crisis that has weighed on equities in recent times.

At the time of writing, Britain's FTSE, France's CAC and Germany's DAX were trading 0.1% to 0.3% higher.