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  Topic: European stocks fall as
US economy contracts
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European stocks fall as
US economy contracts

Agence France-Presse, by Staff

Original Article

Posted By:BuckeyeRon, 1/30/2013 11:31:47 AM

European stock markets slid and the euro gained on Wednesday on news the US economy unexpectedly contracted in the fourth quarter last year and on bright eurozone confidence data. London´s FTSE 100 index of top companies dipped 0.14 percent to 6,330.39 points in afternoon deals, Frankfurt´s DAX 30 dropped 0.39 percent to 7,818.24 points and in Paris the CAC 40 shed 0.41 percent to 3,770.26 points. In Milan, the FTSE Mib slumped 2.56 percent to 17,431.79 points after energy company Saipem, a unit of ENI, warned 2012 results would fall short of forecasts and that 2013 would remain difficult.

      


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Reply 1 - Posted by: dman, 1/30/2013 12:11:43 PM     (No. 9148603)

The election is over. Reality sets in.

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Reply 2 - Posted by: Mr. Know-It-All, 1/30/2013 12:18:32 PM     (No. 9148619)

Gee, I bet nobody saw this coming. Except 95% of L.dotters.

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