Europe higher on earnings; Greek stocks sink

April 21, 2015 11:34 AM

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The pan-European Euro Stoxx 600 Index was also 1 percent higher as technology stocks led the way, clocking gains of over 2 percent. Shares of chip maker ARM Holdings rose as much as 6.6 percent after its first-quarter earnings, which showed increased revenues from royalty payments.

In Greece, however, bank stocks were lower by nearly 3 percent, as government bond yields soared amid growing concerns about the country's future.

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