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Europe Stocks Extend 2007 High After Greek Agreement; HSBC Falls

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European stocks climbed for a fifth day after Greek creditors agreed to extend the nation’s bailout funds.

The Stoxx Europe 600 Index added 0.7 percent to 385.08 at the close in London. The FTSE 100 Index surpassed a record close in intraday trading before falling as much as 0.4 percent as lower-than-projected profit at HSBC Holdings Plc dragged the stock lower. The U.K. gauge ended little changed.