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European markets rally to hit nine-week high amid earnings; Pandora shares surge 12%

The pan-European Stoxx 600 was up almost 1 percent during lunchtime deals, with almost all sectors and major bourses in positive territory. Europe's oil and gas stocks led the gains, up more than 1.8 percent amid earnings news. European stocks surged to a nine-week high on Tuesday afternoon, as market participants monitored a flurry of corporate earnings results.