Stock markets push higher on positive China data

European and US stock markets pushed higher on Wednesday on the back of bright Chinese economic data and a modest recovery in oil prices, dealers said. Frankfurt, London and Paris indices rallied after a broadly positive session in Asia, buoyed by upbeat Chinese trade data that gave some respite from a volatile start to 2016. Shares on Wall Street followed suit, with the Dow Jones up 0.19 percent and the Nasdaq rising 0.43 percent.