European stocks open higher thanks to mining companies

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European stocks rose today, thanks to a rise in mining and oil and gas stocks that helped overcome fears of a slowdown in the US economy stemming from weak data.
The Stoxx 600 index rose 0.3%. The basic resources index led the gains, up by 1.1%, while telecommunications shares lost 0.7%.
Wall Street closed down yesterday, Wednesday, after data showed that employers in the private sector hired a much smaller number of workers than expected last March.
German industrial output rose 2.0% month-on-month, much more than expected in February, thanks in part to the auto industry.
Credit Suisse shares rose 0.6% after Switzerland instructed the bank to cancel or reduce all bonus payments due to the top three levels of management.

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