European stocks fell after retail data in the US missed economist forecasts, triggering concerns about the strength of the economy.
Commodity producers and automakers dragged the Stoxx Europe 600 Index down 0.2 per cent at the close, after it traded little changed for most of the day.
Sales at US retailers stalled in July, while economists expected a 0.4 per cent increase. The equity index, which erased its post-Brexit slump on Thursday, trimmed its weekly gain to 1.4 per cent, with the volume of shares changing hands today about 39 per cent lower than the 30-day average.
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Commodity producers and automakers dragged the Stoxx Europe 600 Index down 0.2 per cent at the close, after it traded little changed for most of the day.
Sales at US retailers stalled in July, while economists expected a 0.4 per cent increase. The equity index, which erased its post-Brexit slump on Thursday, trimmed its weekly gain to 1.4 per cent, with the volume of shares changing hands today about 39 per cent lower than the 30-day average.
Click here for Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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