AlHijjah 27, 1435, Oct 21, 2014, SPA -- European stocks were higher and Asian markets meandered Tuesday after China's third quarter growth report pointed to a gradual rather than sharp economic slowdown, AP reported. In Europe, Britain's FTSE 100 rose 0.3 percent to 6,287.87 and Germany's DAX gained 0.6 percent to 8,766.35. The CAC-40 in France climbed 0.8 percent to 4,024.92. Futures pointed to gains on Wall Street. Dow and S&P 500 futures were both up 0.1 percent. The world's second biggest economy expanded 7.3 percent from a year earlier in the third quarter, slowing from 7.5 percent in the previous quarter. Japan's Nikkei 225 was down 2.0 percent at 14,804.28 following a 4 percent surge on Monday fueled by expectations of government pension fund buying of shares. Australia's S&P/ASX 200 rose 0.1 percent to 5,325. Seoul's Kospi dropped 0.8 percent to 1,915.28. Markets in Southeast Asia were mixed and India's benchmark rose. The recent plunge in oil prices is sharpening concerns over the global economy but energy trading was relatively subdued Tuesday. Benchmark U.S. crude fell was up 63 cents to $82.55 a barrel in electronic trading on the New York Mercantile Exchange. The euro rose to $1.2809 from $1.2795 late Monday. The dollar dropped to 106.59 yen from 106.95 yen.
