Stocks in Europe are having a tough time gaining any traction after falling oil prices added pressure on the shares of major oil companies. The tepid start to the week in Europe runs counter to Asia where a positive earning outlook for Chinese firms provided a boost for markets in China, Hong Kong, and Taiwan. In China, financial stocks rallied after regulators announced that they will increase the number of stocks they allow margin-trading and short-selling in by over 75% to 500 stocks.
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