Thursday, 10 October 2013

Stocks eke out gains in US but fall in Europe

US stocks were steady on Wednesday, the S&P rising 0.1 after having falling 2.1 percent over the previous two days.

However, European stocks fell for a third day, with the STOXX Europe 600 falling 0.6 percent on Wednesday.

Economic data from Europe on Wednesday were mixed.

In Germany, industrial production rebounded 1.4 percent in August after having fallen 1.1 percent in July.

However, in the UK, industrial production fell 1.1 percent in August, driven by a 1.2 percent fall in manufacturing output.

No comments:

Post a comment