European shares rise after U.S. GDP data

By IBTimes Staff Reporter | August 27 2010 12:46 PM

European shares rose on Friday afternoon, after U.S. GDP data, while revised down, came in stronger than expected.

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At 1:36 p.m., the FTSEurofirst 300 <.FTEU3> index of top European shares was up 0.6 percent at 1,026.43 points, and had hit a high for the day of 1,025.09, having been as low as 1,013.04 earlier in the session.

(Reporting by Brian Gorman)

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