May 8, 2021
Business News

European markets rise with economic data in focus; Melrose up 10% – CNBC

European markets advanced Thursday morning as investors monitored key economic data from around the world.The pan-European Stoxx 600 added 1.2% in early trade, with banks, autos and travel stocks all adding more than 2.5% to lead gains. All sectors and major bourses were trading in positive territory.
Final euro area Markit Purchasing Managers’ Index (PMI) composite readings Thursday showed that economic activity expanded by more than expected in August, coming in at 51.9 against a forecast of …

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