european stocks pink on Tuesday, when a series of favorable economic data from the US and the UK, as well as measures by China to support its economy, fueled investors’ risk appetite.
The Stoxx 600 Index was up 0.9% at 3:29 p.m. in London, with all sectors in the green. Mining and telecommunications led the gains. The UK’s FTSE 100 Index was also bullish after the holiday on Monday, gaining 1.6%. figures Showing that food inflation in Britain cooled to the lowest level in almost a year in August boosted domestic stocks such as Ocado Group Plc.