Markets Are Up After European Manufacturing Data Shows Improvement

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European stock markets are climbing after eurozone manufacturing PMI reportedly hit a 6-month high of 49.0.  Although the sub-50 reading signals contraction, it is just barely below 50 and any improvement is welcome news for the region.Britain’s FTSE 100 is up 0.5%.

Germany’s Dax 30 is up 0.4%.

France’s CAC 40 is up 0.2%.

Spain’s IBEX 35 is up 0.4%.

Italy’s FTSE MIB is up 1.1%.

U.S. equity futures are also up modestly.

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