European markets slipped Thursday, reversing gains seen in the previous trading session.
The Stoxx 600 index provisionally closed down 0.3%, with the majority of sectors ending the session in the red. Retail stocks led losses, closing 1.1% lower.
Airline group Air France-KLM closed down 3.1%, with JPMorgan analysts cutting the stock to underweight from overweight.
EUROPEAN MARKETS
| TICKER | COMPANY | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|
| .FTSE | FTSE 100 | 7554.47 | 40.75 | 0.54 |
| .GDAXI | DAX | 16759.22 | 130.23 | 0.78 |
| .FCHI | CAC 40 Index | 7526.55 | 98.03 | 1.32 |
| .FTMIB | FTSE MIB | 30403.9 | 282.13 | 0.94 |
| .IBEX | IBEX 35 Idx | 10223.4 | 77.4 | 0.76 |
It came after regional markets closed higher Wednesday, rebounding from mixed trade seen earlier in the week.
U.S. stocks traded higher in morning deals Thursday after a lackluster trading session Wednesday. Private payrolls data released yesterday in the U.S. showed that employers added 103,000 positions in November, coming in below expectations.
November nonfarm payrolls, along with wage data and the unemployment rate, will be out on Friday.
Asia-Pacific markets slumped across the board on Thursday, as investors assessed trade data from China and Australia.
Source: Consumer News Business Channel