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flag European stocks rose Feb. 2, 2026, on improved manufacturing data, signaling cautious recovery despite ongoing job losses and rising costs.

flag European stock markets rose on February 2, 2026, led by Italy’s FTSE Mib, as manufacturing data showed signs of stabilization. flag The Eurozone manufacturing PMI rose to 49.5 in January, slightly above December’s 48.8, with output growing for the first time in months, though still below the 50 threshold indicating contraction. flag France’s PMI reached a four-year high of 51.2, Germany improved to 49.1, and Italy’s edged up to 48.1. flag Job losses continued for the 32nd month, but at a slower pace. flag Input prices rose sharply, driven by energy and metal costs, while manufacturers struggled to raise selling prices. flag Business sentiment reached its highest level since 2022, reflecting cautious optimism for a gradual recovery.

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