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- European stocks close: most stocks closed lower as concerns over the outcome of Scotland's independence referendum and the timing of interest rate hike by the Fed weighed on markets
European stocks close: most stocks closed lower as concerns over the outcome of Scotland's independence referendum and the timing of interest rate hike by the Fed weighed on markets
Most stock indices closed lower as concerns over the outcome of Scotland's independence referendum and the timing of interest rate hike by the Fed weighed on markets.
A weekend Scotland's independence poll showed 47% said "yes" to independence, while 45% said "no", with the rest undecided. That was the first time lead for "yes" campaign.
The San Francisco Federal Reserve released a research report on Monday. The report showed that investors were underestimating the start of interest rate hike by the Fed.
Market participants continued to monitor tensions between Russia and Ukraine. European Union approved new sanctions against Russia on Monday, but put it on hold.
France's industrial production rose 0.2% in July, beating forecasts of a 0.4% decline, after a 1.2% rise in June. June's figure was revised down from a 1.3% gain.
On a yearly basis, France's industrial production climbed 0.1% in July, after a 0.4% drop in June.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,830.11 +1.11 +0.02%
DAX 9,700.17 -10.53 -0.11%
CAC 40 4,450.79 -1.58 -0.04%
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