LONDON, July 4 (AFP): European stocks fell slightly in opening trade on Friday as traders paused after the previous day's solid gains that followed forecast-busting US jobs data.
London's benchmark FTSE 100 index dropped just 0.03 per cent to 6,862.82 points, the Paris CAC 40 index dipped 0.17 per cent to 4,482.22 and Frankfurt's DAX 30 shed a marginal 0.007 per cent to 10,028.71.
"European shares are trading little changed this morning, managing to hold on to yesterday's impressive gains on the back of a well-received US job report," said analyst Markus Huber at broker Peregrine and Black.
"Recently improving economic fundamentals especially in China and the US have generated renewed optimism that the globalyup recovery is not only continuing but also likely to accelerate in the months ahead, furthermore it has managed to overshadow escalating events taking place in Iraq and the Ukraine.
European stocks slip at open
FE Team | Published: July 05, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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