European stocks rose today, Wednesday, after strong U.S. data eased concerns of a sharp economic slowdown. The Stoxx 600 index increased by 0.5%, following gains in Wall Street the previous night after data showed an increase in new orders for U.S. manufactured capital goods. The industrial sector significantly boosted the Stoxx 600 index, and healthcare stocks also saw an increase.
Shares of French supermarket chain Carrefour rose by 3.1% after Morgan Stanley initiated coverage of the stock with an "overweight" recommendation.
