Monday, June 4, 2007

European Stocks are down



The European stocks again declined for the first time in these three days. The decline was owed to Deutsche Bank AG and BNP Paribas. Europe’s Dow Jones Stoxx 600 Index were high last week making it to the highest since September 2000 as the metal prices floated mining companies and economic reports in the U.S and suggested that there was some growth. Europe's Stoxx 600 lost 0.3 percent to 399.03 today. The Stoxx 50 fell 0.3 percent, while the Euro Stoxx 50, a measure for the 13 nations sharing the euro, slid 0.4 percent.

The U.K.'s FTSE 100 fell 0.2 percent and Germany's DAX slipped 0.1 percent. France's CAC 40 slid 0.7 percent.

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