European shares rally; ArcelorMittal bounces
PARIS Feb 6 (Reuters) - European stocks reversed an early dip and rose on Wednesday morning, extending the previous session's recovery, with ArcelorMittal's outlook reassuring investors.
Shares in the world's largest steelmaker surged 2.7 percent, bouncing back from a recent 10 percent fall, after the company forecast improved demand and earnings in 2013.
At 0900 GMT, the FTSEurofirst 300 index of top European shares was up 0.5 percent at 1,160.07 points.
- Tweet this
- Share this
- Digg this
- Tesco scraps profit outlook as accounting black hole deepens
- Hungary plans new tax on Internet traffic, public calls for rally
- UKIP on course to win second parliamentary seat - poll
- Some U.S. hospitals weigh withholding care to Ebola patients
- Canada PM vows crackdown after capital shocked by fatal attacks |