Scoreboard: Retail optimism

Encouraging retail sales figures and China trade data led European markets higher, while Wall Street rose in early trade before reversing course in the afternoon.

In US economic data, a survey of small businesses -- the NFIB business optimism index -- rose from 98.1 to 100.4 in December. The JOLTS job openings index rose from 4.83 million to 4.972m in November. And chain store sales were up by 3.8 per cent in the latest week on a year ago, down from the 4.3 per cent gain in the previous week.

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