European stock markets opened lower Thursday, finding no support in the US central bank's widely expected interest rate cut, dealers said.[LONDON] European stock markets opened lower Thursday, finding no support in the US central bank's widely expected interest rate cut, dealers said.
They said the quarter point reduction and the US Federal Reserve's non-committal stance on what comes next disappointed investors - and US President Donald Trump - who had been hoping for more.In early deals, London's FTSE 100 index lost 0.8 per cent; in Paris, the CAC-40 dropped 0.3 per cent and in Frankfurt, the DAX was down 0.4 per cent.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe: Stocks waver at open[LONDON] Europe's main stock markets wavered at the start of trade on Tuesday, with London ahead but eurozone counterparts nudging into negative territory. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: Stocks stable before Fed[LONDON] Europe's main stock markets steadied in early trade on Wednesday ahead of a US Federal Reserve interest rate decision, after the previous day's dramatic slump. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US stocks end lower after Fed cuts interest ratesNEW YORK: Wall Street stocks finished lower on Wednesday (Jul 31) after the Federal Reserve cut interest rates but offered mixed signs on what the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks end lower after Federal Reserve cuts interest rates, Dow -1.2%[NEW YORK] Wall Street stocks finished decisively lower on Wednesday after the Federal Reserve cut interest rates but offered mixed signs on what the move meant for future monetary policy. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US stocks retreat as markets await Fed decisionNEW YORK: Wall Street stocks finished lower on Tuesday (Jul 30) as the Federal Reserve opened a monetary policy meeting amid strong consumer data ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »