Wednesday, May 4, 2011

European stocks slip after bin Laden killing - Yahoo! News

European stocks slip after bin Laden killing - Yahoo! News: "LONDON (AFP) – Europe's main stock markets slid on Tuesday, as London traders returned from a four-day holiday weekend and euphoria faded over the killing of al-Qaeda leader Osama bin Laden, analysts said.

London's benchmark FTSE 100 index fell 0.17 percent to 6,059.80 points in late morning deals, erasing earlier gains. The market was closed on Friday for Britain's royal wedding, and on Monday for a regular bank holiday.

In Paris on Tuesday, the CAC 40 index retreated 0.75 percent to 4,077.02 points and Frankfurt's DAX 30 dipped 0.92 percent to 7,458.22.

French and German shares had risen on Monday in reaction, as traders sought riskier assets and mulled the possible effects on reducing instability in the world, notably in the Middle East."

See original work for more on this and other stories.

No comments:

Post a Comment

Spamming will be removed.

Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.

Note: Only a member of this blog may post a comment.