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- European stock markets mid-session: European indices add gains
European stock markets mid-session: European indices add gains
European indices extended gains for a sixth day amid a global end-of-year rally tracking gains in the U.S. markets as volumes thin out near the end of the year. French consumer spending was better-than expected. But Greece's parliament failing in a second attempt electing a new president and U.K's deficit raising weighed on the markets paring earlier gains. IF Greek Prime Minister Samaras fails in the third and final vote on December 29th parliament will be dissolved and early elections will be held. Investors now await a set of important data today, including the GDP's final revision for the third Quarter along with new homes sales, consumer spending and durable goods. The report may show that the U.S. GDP grew more in the last quarter than anticipated.
In today's session the FTSE 100 index added +0.33% quoted at 6,598.17 points, France's CAC 40 gained +0.67% trading at 4,282.77. Germany's DAX 30 is currently trading +0.19% at 9,884.78 points.
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