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European stocks stumble on weak eurozone data | The Malaysian Insight

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European stocks stumble on weak eurozone data

A view of a Goliath crane at the Liebherr plant in Rostock-Warnemuende, northern Germany. The German economy grew just 0.1% in the third quarter, narrowly avoiding a recession. – EPA pic, November 15, 2019.

EUROPE’S stock markets retreated yesterday as official data confirmed news of weak eurozone growth, while lingering US-China trade talk uncertainty weighed on New York equities. Economic growth in the eurozone stood at 0.2% in the third quarter, unchanged from the previous estimate, according to official Eurostat figures published yesterday.

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