Thu, 16 Aug 2012 13:01:51 GMT
European stocks traded lower on Wednesday
European
stocks traded lower on Wednesday, and the rally lost steam, as expectations that the
ECB will take bold actions to stimulate economic growth in the Eurozone waned. The
Stoxx Europe 600 Index lost 0.1% to 270.23; the U.K's FTSE 100 Index declined
by 0.4% to 5,839.15, Spanish IBEX 35 Index erased 0.3% to 7,107.20, and German DAX
30 index tumbled by 0.5% to 6,938.79.