European Markets Are Climbing After Their Worst Week In 3 Years

ClimbingREUTERS/Andrew BurtonAfter a terrible time last week, European markets are making gains again.

European markets are climbing this morning, following the worst week in more than three years for stocks.

France’s CAC 40: +0.70%

Germany’s DAX: +0.62%

UK’s FTSE 100: +0.63%

Spain’s IBEX: +0.86%

Italy’s FTSE MIB: +0.74%

Asian markets closed mixed. Japan’s Nikkei dropped 1.57%, after Shinzo Abe’s re-electionHong Kong’s Hang Seng was down 0.95%, and China’s Shanghai Composite was up 0.52% at the trading on Monday.

US futures are rising higher. The Dow is up 116 points from last week, and the S&P is 15 points higher.

There’s no data out from Europe this morning, so we’re waiting for figures from the US. At 2.15 p.m. GMT, industrial production figures are out for November, with analysts expecting a 0.7% boost from October. The NAHB housing market index comes 45 minutes later, with no change expected. 

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