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Europe stocks move higher after U.S. PMI data

Daily newsbrief journal for October 2012, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Europe stocks move higher after U.S. PMI data

Postby admin » Thu Oct 25, 2012 3:09 am

Europe stocks move higher after U.S. PMI data
from MarketWatch.com - MarketPulse
LONDON (MarketWatch) -- European stock markets extended gains in afternoon action on Wednesday, after the U.S. flash manufacturing purchasing managers' index edged up to 51.3 in October from 51.1 in September. The Stoxx Europe 600 index rose 0.7% to 270.21 after trading around 269.67 ahead of the data. France's CAC 40 index jumped 0.7% to 3,431.33, while Germany's DAX 30 index added 0.5% to 7,209.21. The U.K.'s FTSE 100 index gained 0.4% to 5,820.87.
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