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Europe ends sharply higher after OPEC secures deal on oil production; autos slip

Sam Meredith

OPEC ministers meeting in Vienna have agreed on oil production levels for their countries and crude-producing nations cooperating with the cartel. European stocks finished Friday on a high note, as investors cheered on news coming out of an OPEC meeting in Austria. Looking to Europe's bourses, the FTSE 100 jumped 1.67 percent, the French CAC 40 popped 1.34 percent, while the German DAX closed up just 0.54 percent, as pressure from German automakers weighed.

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