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- European stock markets mid session: stocks traded higher, still supported by Friday's better-than-expected U.S. labour market data
European stock markets mid session: stocks traded higher, still supported by Friday's better-than-expected U.S. labour market data
Stock indices traded higher, still supported by Friday's U.S. labour market data. The economy in the U.S. added 248,000 jobs in September, exceeding expectations for 216,000 jobs, after 180,000 jobs in August.
The unemployment rate dropped to 5.9% in September from 6.1% in August. That was the lowest level since July 2008.
German factory orders declined 5.7% in August, beating expectations for a 2.4% decrease, after a 4.9% gain in July. July's figure was revised up from a 4.6% rise. That was the largest drop since 2009.
The Sentix investor confidence index for the Eurozone dropped to -13.7 in October from -9.8 in September. Analysts had expected the index to decline to -11.3.
Current figures:
Name Price Change Change %
FTSE 6,551.72 +23.81 +0.36%
DAX 9,267.42 +71.74 +0.78%
CAC 40 4,288.84 +7.10 +0.17%
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