Fri, 13 Jan 2012 08:47:12 GMT
European stocks end lower on US data and weak Tesco sales
European equity markets closed lower on Thursday after Tesco Plc posted weaker than expected holiday sales and US also reported drop in retail sales in December. Upside support was provided from banking shares as Spain and Italy had successful bond auction. Stoxx Europe and FTSE 100 each lost 0.2%, German DAX managed to end in positive territory and closed 0.44% up.