US Holiday Keeps a Lid on European Markets - News Summed Up

US Holiday Keeps a Lid on European Markets


European stock markets closed a tad lower Monday following mixed economic data. Trading activity was dented by the Labor Day holiday in the U.S.KEEPING SCORE: In Europe, Germany's DAX ended 0.1 percent lower at 10,672.22 while the CAC-40 fell 0.02 percent to 4,541.08. The FTSE 100 index of leading British shares finished the session 0.2 percent lower at 6,879.42. BRITAIN HOLDS UP: Another survey of British economic activity provided further evidence that the British economy has held up better than many people expected following the June vote to leave the European Union. Hong Kong's Hang Seng rose 1.7 percent to 23,668.40, while the Shanghai Composite edged up nearly 0.2 percent to 3,072.10.


Source: ABC News September 05, 2016 06:37 UTC



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