LIVE MARKETS-STOXX 600 continues cautious rebound

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STOXX 600 CONTINUES CAUTIOUS REBOUND

European equity markets have begun on a mostly firmer footing on Tuesday, as stocks continue to recover from the sell off last week on expectations that the Fed will ease policy in September and as earnings continue to roll in.

The STOXX 600 .STOXX is up 0.1%, adding to Monday's 0.9% gain. Advancers outnumber decliners by about 2:1.

Major indexes in Frankfurt .GDAXI, Paris .FCHI and London .FTSE are rising between 0.1% and 0.3%. Bourses in Madrid .IBEX and Milan .FTMIB are a touch softer.

Food and beverages .SX3P is the best performing sector, supported by a 6% gain in Diageo DGE.L after its results. Shares in the world's largest spirits maker are still down 24% this year.

Earnings are also lifting shares in Smith & Nephew SN.L, Hugo Boss BOSSn.DE, BP BP.L and Infineon IFXGn.DE.

Here's your opening snapshot:

(Samuel Indyk)

TUESDAY'S EARLIER LIVE MARKETS POSTS:

EUROPE BEFORE THE BELL: THE COMEBACK CONTINUES CLICK HERE

BAD NEWS IS GOOD NEWS FOR MARKETS CRAVING FED 'ROCKET FUEL' CLICK HERE