European stocks mostly higher; euro drops

European stock markets mostly rose Tuesday as investors snapped up bargains after the previous day's slump but London was lower following poorly-received British data, analysts said. The euro traded around nine-year low points as investors wait to see what form of action the European Central Bank will take to stimulate the eurozone economy that is being undermined by sliding inflation. London's benchmark FTSE 100 index shed 0.47 percent to stand at 6,387.06 points at about midday in th