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- European stocks close: stocks traded lower resuming the recent selloff, as investors weighed corporate earnings
European stocks close: stocks traded lower resuming the recent selloff, as investors weighed corporate earnings
The stock
indices stocks traded lower resuming the recent selloff, as investors weighed
corporate earnings.
The
producer price index in Germany decreased 0.1% in April, from a 0.3% decrease
in March. Analysts had expected 0.0%. On a yearly basis, the German producer
price index declined 0.9% in April (March: -0.9%). Analysts had forecasted a
0.7% decrease.
Vodafone
Group Plc shares declined 5.8% after the company forecasted the fall of its
profit in this year.
United
Internet AG climbed 6.2% after reporting the better-than-expected earnings in
the first quarter.
Indexes on
the close:
Name Price Change Change %
FTSE
100 6,802 -42.55 -0.62%
DAX 9,639.08 -20.31 -0.21%
CAC 40 4,452.35 -17.41 -0.39%
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