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Global Markets Update: U.S. Economic Data Helps European Markets

Global Markets Update: U.S. Economic Data Helps European Markets

European markets come off lows after good U.S. economic data. Unemployment in Portugal jumps to 14 percent in Q4. French yields fall below 1 percent at 2-year note sale. Greece's far right Laos Party reportedly won't commit to austerity measures. Polls show 40 percent of Greeks support anti-austerity leftist parties. Greece says it hopes to wrap up bailout agreement by Monday. With Art Nolan, independent trader.

CNBC | February 16, 2012Watch more videos from CNBC

Tags:. .laos. .yields. .austerity. .nolan. .portugal

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