Scoreboard: Energy bounce

European shares edged higher as energy stocks rebounded, while Wall Street was boosted by some big corporate deals.

In US economic data, chain store sales fell by 0.6 per cent in the latest week but the annual growth rate of sales rose from 4.2 per cent to 4.8 per cent. Construction spending rose 1.1 per cent in October, ahead of expectations of a 0.6 per cent gain. The ISM New York index rose from 657.2 to 663.4 in November.

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