Europe Starts To Hold The Line, Markets Recover (BP)(DT)

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Markets in Europe have gained back most of their sell-offs at 5.40 AM Eastern time.

The FTSE is off .1% at 5,571. BHP Billiton (BHP) is up 1.9% to 1259. BP (BP) is off 1.4% to 512.

The DAXX is off 2% at 6,654. Deutsche Telekom (NYSE:DT) is off 2.7% to 14. Siemens (NYSE:SI) is off 2% to 82.52.

The CAC 40 is down .5% to 4,722. BNP Paribas is up 1.4% to 63.56. France Telecom (FTE) is down 1.6% to 23.17.

Data from Reuters

Douglas A. McIntyre