LONDON, Jan 17 — European stock markets advanced today, with traders focusing on slowing Chinese growth and a potential blockbuster takeover in the consumer healthcare sector.
“Historically, bull markets do not end at the beginning of rate hike cycles, and positive trends in global economic growth and earnings continue to be positive fundamental drivers for the market.” Data on Monday showed that China — the world’s number-two economy — expanded by a decade-high 8.1 per cent last year.