LONDON (MarketWatch) -- European stock markets declined on Thursday, breaking the longest winning streak of the year, as investors digested the latest round of earnings reports. The Stoxx Europe 600 index (XX:SXXP) dropped 0.3% to 331.04, after closing higher for a sixth straight day on Wednesday. Shares of FLSmidth & Co. AS (DK:FLS) slid 6.6% after the engineering firm said it swung to a loss in the fourth quarter. BNP Paribas SA (FR:BNP) fell 3.2% after reporting a drop in fourth-quarter profit. Rio Tinto PLC (UK:RIO) (RIO) (AU:RIO) rose 1.7% after a well-received earnings report. Among country-specific indexes, the U.K.'s FTSE 100 index (UK:UKX) fell 0.3% to 6,654.89, France's CAC 40 index (FR:PX1) lost 0.2% to 4,299.04 and Germany's DAX 30 index (DX:DAX) gave up 0.2% to 9,521.00.
5 Best Tech Stocks To Own Right Now
Read the full story:
European stocks break six-day winning run; BNP slides
No comments:
Post a Comment