MW: Europe stocks rise after ECB report, U.S. data
By Sara Sjolin
LONDON (MarketWatch) -- European stock markets moved higher in afternoon action on Wednesday, after a Bloomberg News report said that the European Central Bank's proposed bond-buying program would involve unlimited, sterilized buying. An upward revision to productivity of the U.S. nonfarm business sector also supported markets. The Stoxx Europe 600 index XX:SXXP +0.30% rose 0.3% to 266.32. France's CAC 40 index FR:PX1 +0.63% added 0.7% to 3,421.94, while Germany's DAX 30 index DX:DAX +0.70% gained 0.6% to 6,975.06. The U.K.'s FTSE 100 index UK:UKX -0.08% slipped 0.1% to 5,666.45.