Miners and banks lift Europe stocks at the open
LONDON (MarketWatch) -- European stock markets opened higher on Tuesday, led by miners and banks, as hints of further stimulus measures in China boosted investor confidence. The Stoxx Europe 600 index rose 0.3% to 272.38. Miners were on the rise, after a report from Chinese state-run Xinhua news agency's Economic Information Daily said Beijing was planning economic stimulus for the second half of the year. Rio Tinto PLC added 1.1%, BHP Billiton PLC gained 0.9% and Anglo American PLC picked up 0.9%. The gains helped lift the FTSE 100 index 0.3% to 5,842.72. Banks were also among notable gainers in Europe. In France, BNP Paribas SA rose 1.4% and Societe Generale SA increased 1.2%. The CAC 40 index rose 0.5% to 3,496.07. Germany's DAX 30 index edged 0.2% higher to 7,050.49, buoyed by Siemens AG , up 0.7%.