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Reply #5: Stocks higher in Europe as banks pare losses [View All]

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Wed Apr-06-11 06:04 AM
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5. Stocks higher in Europe as banks pare losses

http://www.marketwatch.com/story/cautious-start-for-europe-miners-up-banks-off-2011-04-06?dist=beforebell

MADRID (MarketWatch) — European stock markets pushed higher in afternoon trading on Wednesday, with banks recovering ground after Portugal managed a successful bond auction and Marks & Spencer Group PLC inspired retailers.

The Stoxx Europe 600 index /quotes/comstock/22c!sxxp (ST:STOXX600 282.00, +1.09, +0.39%) rose 0.1% to 281.33, but was held back by French utilities such as Electricite de France SA /quotes/comstock/24s!e:edf (FR:EDF 27.31, -1.14, -4.01%) , down 4% after the government said Tuesday it would freeze natural-gas prices.

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