India, June 12 -- European stocks closed on a strong note on Friday, buoyed by hopes Iran and the U.S. will reach a peace agreement sometime soon, following U.S. President Donald Trump calling off his planned attacks on Iran yesterday.
Enthusiasm surrounding the SpaceX IPO and its market debut, and a sharp drop in oil prices helped as well in lifting the sentiment.
Investors also digested the latest batch of regional as well as U.S. economic data.
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