NEW YORK: Eurozone stock markets pushed higher on Monday after Greek lawmakers adopted further austerity measures to move their bailout forward and German factory orders bested expectations.
Bourses in France and Germany advanced even as weakness in commodity-linked shares led to losses in London and limited the gains in the US.
Investors greeted Greece's parliament voting for a controversial package of pension cuts and tax hikes, essential conditions for the country to get its next dose of bailout loans and avoid a new crisis.
Eurogroup head Jeroen Dijsselbloem said he wants a deal agreed on May 24 to grant Greece more debt relief.
Meanwhile, German government data showed industrial orders in Europe's biggest economy jumped 1.9 percent in March, boosted by strong foreign demand.
"Overall, today's report was strong and provided good news for Germany's manufacturing sector, following a lackluster performance in the recent past," said Johannes Gareis, an analyst at Natixis bank.
The DAX index in Frankfurt climbed 1.1 percent, while the CAC in Paris rose 0.5 percent.
Athens' main index closed up 0.74 percent.
"There is quite some relief where Greece is concerned," said trader Markus Huber at City of London Markets.
However, London's commodity-heavy FTSE-100 index slipped 0.2 percent as oil and other commodities retreated, in part due to weak Chinese data.
Miner Anglo American tumbled 13.8 percent, Glencore slumped 9.0 percent, Rio Tinto shed 7.9 percent and BHP Billiton fell 6.1 percent as iron ore prices slumped around 9 percent and copper shed 2 percent.
Weak commodity prices also weighed on US markets, where the S&P 500 mustered a 0.1 percent gain.
In the US, strong gains for pharma and health care shares offset more than three percent declines in oil-linked companies such as Apache, Schlumberger and Dow member Caterpillar.
The dollar advanced against the euro and the yen. Analysts said Friday's jobs report included solid wage growth gains, even though the headline figure on new jobs disappointed.
The market "seems inclined to cut America's MVP job market some slack given that it's the strongest link in the world's biggest economy," said Joe Manimbo, senior market analyst at Western Union Business Solutions.
- Key figures around 2100 GMT -
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New York - Dow: DOWN 0.2 percent at 17,705.91 (close)
New York - S&P 500: UP 0.1 percent at 2,058.69 (close)
New York - Nasdaq: UP: 0.3 at 4,750.21 (close)
London - FTSE 100: DOWN 0.2 percent at 6,114.81 (close)
Frankfurt - DAX 30: UP 1.1 percent at 9,980.49 (close)
Paris - CAC 40: UP 0.5 percent at 4,322.81 (close)
EURO STOXX 50: UP 0.7 percent at 2,955.83 (close)
Tokyo: Nikkei 225: UP 0.7 percent at 16,216.03 (close)
Shanghai: DOWN 2.8 percent at 2,832.91 (close)
Hong Kong: UP 0.2 percent at 20,152.10 (close)
Euro/dollar: DOWN at $1.1381 from $1.1403 Friday
Dollar/yen: UP at 108.34 yen from 107.14 yen
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