European stocks mostly lower after US retail data

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Source: Marketwatch
European stock indices ended mostly into red on Wednesday on disappointing US retail sales data. Stoxx Europe 600 fell 0.4%, German DAX slipped 0.1% and French CAC 40 index gave up 0.6%. Spanish IBEX 35 breached the negative trend and surged 1.4% after heavyweight retail company Inditex posted better than predicted earnings. UK FTSE 100 index managed to gain 0.2%. 
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Thu, 14 Jun 2012 08:03:44 GMT

Italy takes part in first bond auction after Spain's bailout

Today Italy participates in the first debt auction since Spain's bailout. Italian Treasury prepares to sell three-year, seven-year and eight-year bonds of total value at EUR 4.5 billion. Italy's central bank aims to persuade traders that the nation won't follow Spain's footsteps and require a rescue. 

Thu, 14 Jun 2012 07:25:44 GMT

US stock markets close lower ahead of Greek elections

US main stock indices after previous rally traded lower on Wednesday as investors awaited for the outcome of Greek elections while Moody's and Egan-Jones downgraded Spanish sovereign debt. S&P 500 lost 0.7% or 9.3 points and closed at 1,314.88. Dow Jones Industrial Average fell 0.62% or 77.42 points and finished at 12,496.38. Nasdaq Composite ended 0.86% or 24.46 points down

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