(Bloomberg) -- European stocks dropped for a second
day after German business confidence fell more than economists
forecast in June, adding to signs that growth in Europe's largest
economy may slow.
Vinci SA, the world's biggest construction company, and
German carmaker DaimlerChrysler AG led the retreat. Julius Baer
Holding AG declined the most in a year after UBS AG sold part of
its stake in the Swiss Bank, thwarting takeover speculation.
Infineon Technologies AG slid after Merrill Lynch & Co. lowered
its recommendation for the shares.
Read more at Bloomberg Stocks News
day after German business confidence fell more than economists
forecast in June, adding to signs that growth in Europe's largest
economy may slow.
Vinci SA, the world's biggest construction company, and
German carmaker DaimlerChrysler AG led the retreat. Julius Baer
Holding AG declined the most in a year after UBS AG sold part of
its stake in the Swiss Bank, thwarting takeover speculation.
Infineon Technologies AG slid after Merrill Lynch & Co. lowered
its recommendation for the shares.
Read more at Bloomberg Stocks News
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