Europe shares turn positive

PARIS: European stocks trimmed their losses and turned positive on Tuesday, while US shares pushed higher in early trade on Wall Street, as better-than-expected US macro data helped eclipse brewing concerns over the euro debt crisis.

At 1448 GMT, the FTS Eurofirst 300 index of top European shares was up 0.2 percent at 977.64 points, after losing as much as 1.8 percent earlier in the session.

US retail sales rose broadly in October, suggesting the economy started the fourth quarter with some vigor, and the first drop in wholesale prices in four months pointed to subsiding inflation pressures.