LIVE MARKETS-Europe's stocks resilient
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EUROPE'S STOCKS RESILIENT
Monday's start of trading in Europe was not exactly a risk-off reaction to Israel and Iran launching fresh attacks against each other over the weekend.
The STOXX 600 .STOXX was up 0.2%, steadying after Friday's steep falls and suggesting investors expect the conflict to remain relatively limited.
Gains in financials, travel stocks and energy offset weakness in more defensive sectors like healthcare and utilities, as crude prices and bond yields rose.
Reports that Italian executive Luca de Meo could become the new boss of Gucci-owner KeringPRTP.PA , after spending five years turning around carmaker Renault RENA.PA, were the highlight in corporate news.
Kering surged as much as 8.3% on the prospect, while Renault fell over 6%.
(Danilo Masoni)
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