European stocks flat-lined in post-Thanksgiving trading

After a mixed opening this Friday, the European indices regained poise and traded range-bound to higher, expectant of new record highs for the Wall Street stocks as they re-open today after the Thanksgiving holiday.

Moreover, a minor-retreat in the US treasury yields from multi-month highs also lifted the demand for equities as alternative higher-yielding assets.  Although sentiment remain subdued amid thin volumes, in response to post-Thanksgiving celebrations running into the weekend.

Meanwhile, Germany's DAX 30 index trades almost unchanged at 10,690 levels, while the UK's FTSE 100 index also trades muted around 6,830. Among the other indices, the French CAC 40 index trades modestly flat at 4,545 while the pan-European Euro Stoxx 50 index gains +0.17% to now trade around 3,045 points.