European Stocks Decline After Stoxx 600’s Three-Day Rally. - TopicsExpress



          

European Stocks Decline After Stoxx 600’s Three-Day Rally. European stocks declined after the biggest three-day rally since April sent valuations to their highest level since 2009. The Stoxx Europe 600 Index slipped 0.3 percent to 347.95 at the close of trading. The gauge rose 2.1 percent in the three days through yesterday as U.S. jobs data exceeded economists’ forecasts. The U.S. stock market is closed for the Independence Day holiday. National benchmark indexes fell in 16 of the 18 western European markets today. France’s CAC 40 retreated 0.5 percent, while the U.K.’s FTSE 100 rose less than 0.1 percent. Germany’s DAX slipped 0.2 percent. Source : Monexnews
Posted on: Mon, 07 Jul 2014 02:55:29 +0000

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