Fourth quarter Europe gains extend in early trade
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Fourth quarter gains extended in European markets Thursday even with crude oil holding above $52 per barrel.
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European equities turned higher after early losses on Tuesday thanks to earnings and upgrades offsetting losses for financial stocks.
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European equities neared 32 month highs  Friday as the market made cautious progress following Wall  Street gains overnight, while the dollar regained its poise  after whipsaw moves on anxiety over the massive U.S. trade gap.
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U.S. economic growth picked up in the fourth quarter, according to a government report Wednesday that showed an economy stronger than expected for the last three months of hte year.
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European shares got off to a sparkling start of the New Year, rallying to a 30-month high on Monday after a broad rebound of the dollar lifted exporters such as car giant DaimlerChrysler.
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European stock markets have risen slightly in early trading, mirroring small overnight gains on Wall Street.
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European shares got off to a sparkling  start of the New Year, rallying to a 30-month high on Monday  after a broad rebound of the dollar lifted exporters such as  car giant DaimlerChrysler.
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Economic growth in the 12 nations that use the euro accelerated to 2.4 percent in the second quarter, the European Union said Monday, raising its forecast for the third-quarter but cutting it for the fourth.
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European equities moved higher on Tuesday, as recent losses for financial stocks triggered some technical buying, while oil companies and utilities provided defensive back-up.
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Europe&#39;s main stock markets jumped higher thanks to takeover talk in the banking, travel and stock exchange sectors, dealers said Wednesday.
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European stock markets have climbed, lifted by takeover speculation surrounding the utilities and transport sectors, and following solid gains in Tokyo and by Wall Street overnight, dealers said.
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The German economy -- the biggest in the 12-country eurozone -- continued to tread water in the fourth quarter, notching up growth that was only fractionaly higher than in the preceding three months, the Bundesbank estimated.
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Europe&#39;s main equity markets rose in initial trading on Thursday, with London&#39;s FTSE 100 index of leading shares gaining 0.35 percent to 6,590.20 points
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European equities nudged higher on Thursday as banks and carmakers recovered some of Wednesday&#39;s losses, but retailers and construction groups were still weak on interest rate concerns.
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European stock markets rose in early deals, helped by some well-received company news, a late surge on Wall Street and positive broker comment, dealers said.
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European stock markets moved higher ahead of today&#39;s eurozone interest decision.
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Europe&#39;s main stock markets advanced Friday, extending gains after Wall Street powered higher overnight.