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Markets Bounce Back After Getting Crushed

Joe WeisenthalFeb 5, 2013, 14:31 IST

Markets are higher in Europe today.

They're not dramatically higher, but in the green.

Italy is up 0.8%, Spain is up 0.5%, Germany is up about 0.2%.

Remember, yesterday Italy fell 4.5% on political concerns.

The big news so far today: A very strong Chinese non-manufacturing PMI report, and the Reserve Bank of Australia keeping rates steady.