Euro-zone GDP Growth Figures Beat Forecasts, Cheer Markets




TheStreet TV show

Summary: Most global stock indices continue a recovery from their emerging-markets rout. Euro-zone indices move higher after better-than-expected GDP figures, with Germany, France and the Netherlands among the countries posting above-forecast growth. Spirits maker Pernod Ricard loses ground after trimming its full-year profit forecast because of a Chinese slowdown, while in Japan Rakuten rises as it adds instant messaging to its expanding roster of services.