EUROPE MARKETS: Europe Stocks Trade Lower As German Economy Contracts
14 August 2019 - 9:59AM
Dow Jones News
By Steve Goldstein, MarketWatch
Europe stocks traded lower in early action on Wednesday after
data showing the Continent's largest economy contracted.
After halting a two-day losing run on Tuesday, the Stoxx Europe
600 dropped 0.16% to 371.82, with banks including Deutsche Bank
(DBK.XE) and Banco Comerical Portugues (BCP.LB) lower.
The U.K. FTSE 100 dropped 0.01% to 7249.92, the German DAX
dropped 0.25% to 11720.91and the French CAC 40 declined 0.23% to
5350.82.
Germany's economy shrank by 0.1% in the second quarter,
according to data released by Destatis, the statistics agency.
Eurozone GDP for the second quarter is due later.
(END) Dow Jones Newswires
August 14, 2019 03:44 ET (07:44 GMT)
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