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Transcripts For CNBC Squawk Box Europe 20161101

Percent here in europe as stocks start to open up for trade. Lets delve into the sectors. We saw on wall street the hand over has been where the markets closed a little bit weaker on the dow over what weve had. But in term of the sectors its about rotation. Thats whats been happening in the underlying trade on trade. Not buying index but rotating on sectors which is why this picture is so important. Oil and gas right at the top. Health care at the bottom. But all stocks are moving higher this morning. Health care, the sector a tenth of a percent north. Travel and leisure getting a bit of a bump up. There are some decent percentage increases this morning but banks. 4, most stocks in the basket trading. Retail. 4 higher. Pandora the pop of the basket on the back of its numbers. Stocks are racing ahead. Three top performers, media stocks, bp and gas is. 9 higher. China macro data has been positive for the overall sector. 9 on its trade. Lets look at individual indices. 20 points off the 7

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