European stocks fell Friday as poor data out of China sent a chill through markets about the prospects of a global economic recovery.
London’s benchmark FTSE 100 index of top companies shed 1.13% to end the day at 6,579.81 points, the CAC 40 in Paris retreated 0.58% to 5,057.36 points, and Frankfurt’s DAX 30 fell 1.43% to 11,347.45 points.
In foreign exchange, the euro slipped to US$1.0967 from US$1.0985 late in New York on Thursday.
“European markets were under pressure on Friday after manufacturing data in China, France and Germany dented hopes of a recovery in global growth,” said CMC Markets UK analyst Jasper Lawler.
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London’s benchmark FTSE 100 index of top companies shed 1.13% to end the day at 6,579.81 points, the CAC 40 in Paris retreated 0.58% to 5,057.36 points, and Frankfurt’s DAX 30 fell 1.43% to 11,347.45 points.
In foreign exchange, the euro slipped to US$1.0967 from US$1.0985 late in New York on Thursday.
“European markets were under pressure on Friday after manufacturing data in China, France and Germany dented hopes of a recovery in global growth,” said CMC Markets UK analyst Jasper Lawler.
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