European Markets Rebounded After Euro-zone Data and Earnings

As of February 5, European stock markets rose after yesterday’s sharp drop. FTSE 100 and DAX rebounded by 0.58% and 0.35%, reaching to 6,282.76 and 7,664.66, respectively. Better-than-estimated Euro-zone PMI Services data and some company-specific news such as ARM Holdings PLC and Munich Reinsurance Co. provided the gains in European stocks.