European Stocks Rise as Markets Open, Indicative of Positive Start

European stock markets rise on Wall Street rally and Asia’s upbeat performance

European stock markets saw a positive start to the day, buoyed by a rally on Wall Street and a mostly upbeat performance in Asian markets. The London FTSE 100 index gained 0.8 percent to reach 7,519.44 points, despite news of tumbling UK retail sales. In the eurozone, the Paris CAC 40 added 0.5 percent, reaching 7,441.33 points, while Frankfurt’s DAX showed a gain of 0.4 percent, reaching 16,632.63 points.