European Markets Pare Losses in Choppy Trade

Markets Reuters

European shares pared losses and turned slightly positive around mid-session on Monday, rising along with U.S. stock index futures as bargain hunters moved in following a recent pull-back.

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At 1104 GMT, the FTSEurofirst 300 was up 0.11 percent at 1,217.59 points. The index of top European shares originally lost more than 1 percent in morning trade, before bouncing off major technical support levels.