MW: Europe stocks erase losses, oil firms move higher
By Sara Sjolin
LONDON (MarketWatch) -- European stock markets erased losses in afternoon action on Tuesday, as oil firms and miners extended gains on the back of firmer commodity prices. Oil futures for November delivery CLX2 +1.02% jumped 1.4% to $90.61 a barrel. The Stoxx Europe 600 index XX:SXXP +0.09% added 0.2% to 271.90, after trading in negative territory for most of the trading day. France's CAC 40 index FR:PX1 +0.41% gained 0.5% to 3,424.28, while Germany's DAX 30 index DX:DAX -0.03% picked up 0.1% to 7,301.52. The U.K.'s FTSE 100 index UK:UKX -0.16% slipped 0.1% to 5,837.51.
