European stocks turned green on ECB

European Central Bank announced its readiness to buy government debt from the Eurozone's countries, and the U.S. growth data came better-than-expected, providing a boost for European stock markets. The Stoxx Europe 600 Index jumped 1.05 per cent to 259.26, after adding 2.5% on Thursday, July 26.  At the same time, the Italian FTSE MIB index rocketed 2.6% to 13,561 and Spain's IBEX 35 Index also soared 2.6 per cent to 6,532.30. Yields at the Italian and Spanish bonds dropped, with 14 basis points to 5.92% and 23 basis points to 6.67% respectively.