Investing.com – Britain's FTSE 100 index hit a fresh 20-month high on Tuesday, as European stocks advanced after a better-than-expected earnings report from Legal & General and a positive outlook from Cairn Energy.
During European afternoon trade, Germany's DAX was up 0.11%; the EURO STOXX 50 rose 0.3%; and CAC 40 was up 0.4%.
Britain's FTSE 100 was up 0.46%. after official data showed that U.K. consumer prices rose less than expected in February.
Legal & General was among the top performers; the British insurance firm gained 5.3% after it posted a full-year profit and boosted its dividend. Cairn Energy, meanwhile, gained 8.21% after the oil explorer said its Rajasthan development could produce as much as 240,000 barrels of oil a day.
Across the Atlantic, meanwhile, U.S. equity markets were mixed: The Dow Jones Industrial Average was up 0.08%, the S&P 500 index shed 0.08% and the Nasdaq Composite Index was down 0.07%.
Also Tuesday, an industry group was set to release data on U.S. existing home sales, a key indicator of economic health.
During European afternoon trade, Germany's DAX was up 0.11%; the EURO STOXX 50 rose 0.3%; and CAC 40 was up 0.4%.
Britain's FTSE 100 was up 0.46%. after official data showed that U.K. consumer prices rose less than expected in February.
Legal & General was among the top performers; the British insurance firm gained 5.3% after it posted a full-year profit and boosted its dividend. Cairn Energy, meanwhile, gained 8.21% after the oil explorer said its Rajasthan development could produce as much as 240,000 barrels of oil a day.
Across the Atlantic, meanwhile, U.S. equity markets were mixed: The Dow Jones Industrial Average was up 0.08%, the S&P 500 index shed 0.08% and the Nasdaq Composite Index was down 0.07%.
Also Tuesday, an industry group was set to release data on U.S. existing home sales, a key indicator of economic health.