Thu, 12 Jul 2012 16:18:00 GMT
German stocks slide after FOMC minutes
DAX Index dropped on Thursday by 1.14% to 6,380.50. Fading easing hopes after FOMC minutes pushed down the Germany's blue chip index. Consumer goods sector dropped by 1.12%. Henkel, Adidas and Beiersdorf fell by 0.02%, 1.85% and 0.17%, respectively. Meanwhile, financial institutions plunged, with shares of Commerzbank and Deutsche Bank decreasing by 1.45% and 0.95%. Utility companies declined as well.