Seeking Alpha

European stocks mixed

  • European shares are mixed following PMI data indicating that while China's economy might be slowing, the eurozone's fragile recovery is continuing.
  • "Across the board (the eurozone data are) slightly better than expected, and show signs of growth," says strategist Nick Xanders. "It's a green shoot but earnings are going to be the more important focus over the next two weeks."
  • EU Stoxx 50 +0.1%, London -0.1%, Paris +0.2%, Frankfurt -0.1%, Milan +0.6%, Madrid +0.4%.
  • U.S. stock futures: Dow -0.2%. S&P -0.3%. Nasdaq flat.
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