European stocks rise for third consecutive day

European stocks opened higher today, for the third consecutive day, extending gains to a 5-week high, on strong Chinese manufacturing data in addition to the mining sector stocks surging.

As of 11:44 GMT, Stoxx Europe 600 rose by 0.3%, to its highest level since August 1st, as it closed higher by 0.7% on Friday.

The index opened higher today, rising for the third day to a 5-week high, as most of the European markets and sectors rose.

The Chinese manufacturing sector rose to 50.4 points in August, to return to grow after it contracted in June and July, higher than forecasts of 49.8, and higher than the previous reading of 49.9.

These strong data easad the market's concerns about China recession during Q3 as it's currently engaged in raging trade war with the US.

The mining sector stocks surged today, on the Chinese data and the rise of iron ore prices.

S&P 500 futures fell by 0.5%, while the index closed in Wall Street higher by 0.1% on Friday, to notch its third daily gain in a row.

Euro Stoxx 50 rose by 0.3%, while in France the CAC 40 rose by 0.2%, with Germany's DAX rising by 0.2%.

In London, the FTSE 100 rose by more than 0.5%, to lead the rising markets in Europe, on the mining companies surge, in addition to export companies stocks rising due to the British pound drop.