European stocks are up as investor fears surrounding China Evergrande Group eased when the company announced it will be able to pay off a coupon payment due on a dollar-denominated bond.
- Renault, Banco Sabadell, the London Stock Exchange, and InterContinental are reporting earnings today.
- Europe's purchasing manager's index is at a six-month low.
- Tech stocks are up 1.5% on average while telecoms is the only sector that is down in Europe today, shedding 0.3%.
*European stock prices are as of 7 am ET. Data received directly from the references indexes through ICE Data Services.