Friday, March 01 08:38:00
European shares briefly turned positive in jittery early trade today as investors weighed some solid corporate numbers and a strong print on Spanish data against looming U.S. budget cuts and weak Chinese numbers.
The pan-European FTSEurofirst 300 hit a session high of 1,172.57 points before dipping back into the red, to trade down 0.1 percent at 1,170.65 points by 0827 GMT.
"The market is open for a pullback, but as soon as it goes lower everyone just scrambles back in to buy," said Martin Tormey, head of equity trading at Goodbody Stockbrokers. ( C) Reuters