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HomeTrading RoomAfter Reaching All-Time Highs, European Stocks Fall; Umicore is Down 8%

After Reaching All-Time Highs, European Stocks Fall; Umicore is Down 8%

Friday saw a decline in European stock markets, which had earlier this week reached all-time highs.

With major bourses trading in a varied manner during early afternoon trades, the pan-European Stoxx 600 index was down 0.2% at 3:42 p.m. London time.

France’s CAC 40 was up 0.25%, but the German Dax and London’s FTSE 100 were both down about 0.4%.

A wave of corporate profits and the possibility of a peace agreement to end the conflict in Ukraine caused investors to react, sending stocks in the area to all-time highs on Thursday.

Donald Trump, the president of the United States, stated Wednesday that peace negotiations would start after meeting with his Russian and Ukrainian colleagues.

Source (CNBC)

SourceCNBC
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