European stocks pare losses after U.S. data

PARIS, July 25 (Reuters) - European stocks pared losses to turn flat on Friday afternoon, afterdata showed U.S. consumer sentiment recovered unexpectedly in July, and sales of newly built single-family homes were stronger than expected in June.

At 1409 GMT, the FTSEurofirst 300 index of top European shares was flat at 1,170.78 points, after being down by more than 1 percent earlier in the session.

For more on the U.S. data, double click on [ID:nN25471546], [ID:nN24510279] (Reporting by Blaise Robinson)