Thu, 09 Aug 2012 16:36:16 GMT
European stocks turned lower on Wednesday
European stocks ended three-day
rally, as Standard & Poor's Ratings Services cut Greece's credit rating and
traders took profits after three days of gains. The Stoxx Europe 600 Index
tumbled 0.2 per cent to 268.01, after adding 0.8 per cent on Tuesday. Meanwhile,
U.K.'s FTSE 100 Index dropped 0.4% to 5,818.38, Spanish IBEX 35 Index declined
by 1.5% to 7,104.20; French CAC 40 Index erased