European markets ended a choppy session slightly higher, as investors digested data suggesting continued strength in the U.S. economy.
The pan-European Stoxx 600 index closed up 0.2% on the day.
European markets
Markets were upbeat through the morning, as France's CAC 40 index hit an all-time intraday high. However, they traded in the red through most of the afternoon after U.S. stocks opened lower.
Data from the U.S. this week — including a hotter-than-expected U.S. inflation report, strong January retail sales and a surprise dip in weekly jobless claims — have investors reconsidering how much further the Federal Reserve will be willing to hike.
In Europe, banks headed gains with a 2% increase, with Commerzbank topping stocks after reporting better-than-expected profits. Health care stocks fell 0.8%.
The French CAC 40 index briefly touched its record level around 10:37 a.m. when it rose by 1.2% to hit 7,387.29 points. It comes after the FTSE 100 surpassed the 8,000-point threshold for the first time Wednesday and closed 0.55% higher, despite global markets seeing a decline.