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European markets edge higher amid earnings; Ericsson jumps 16%

The pan-European Stoxx 600 was up around 0.1 percent during mid-morning deals, with most sectors and major bourses pointing in positive territory. On Friday, tech firm Ericsson reported smaller-than-expected losses during the first three months of the year. European markets edged higher Friday morning, as investors monitored a fresh batch of corporate earnings and economic data.