Market news
04.11.2011, 11:41

European stocks are mixed

 

Currently FTSE 5,579 +33.04 +0.60%, CAC  3,193 -2.41 -0.08%, DAX  6,105 -28.02 -0.46%.

European stocks are mixed after Greece canceled a referendum on budget cuts imposed by a bailout plan, reducing investor concern that the region’s most indebted country will spiral into disorderly default.
Investors are waiting on US labor data. A report at 12:30 GMT may show that employers hired fewer workers in October, indicating the recovery remains weak, economists said before a report today. Payrolls climbed by 95,000 following an increase of 103,000 in September, according to the median forecast of economists. The jobless rate was 9.1 percent for a fourth consecutive month, the figures may show.

 

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