European stocks opened mixed Friday following upbeat economic data out of the U.S. and China, while a spike in U.S. coronavirus infections tempers optimism.
The pan-European Stoxx 600 hovered just above the flatline in early trade at 369.08, with tech stocks adding 0.6% to lead gains while the oil and gas sector slid 0.3% lower.
European markets are struggling to capture the overnight momentum from Asia Pacific, where stocks advanced after a survey showed that China’s services sector grew at its fastest pace in over a decade in June, according to Reuters.
Source : CNBC