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* Cyclical stocks lead gains again
* London’s FTSE inches lower on virus fears
* Maersk gains after Berenberg upgrade (Updates prices, adds comments)
Jan 12 (Reuters) – European stocks inched higher on Tuesday on positive brokerage recommendations and gains in economically sensitive stocks on expectations of a larger U.S. stimulus under incoming president Joe Biden.
The pan regional STOXX 600 index rose 0.2%, with oil and gas, travel and leisure and banking sectors leading the gains.
Biden will take office on Jan. 20 with his Democratic party in control of both Houses. In the previous session, investors booked profits following a rally last week after a Democrat sweep in the U.S. Senate elections.
Meanwhile, a rebound in crude prices on hopes of a drawdown…