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Europe stocks inch lower as ECB meeting looms

by Amwal Al Ghad English

European stock markets were lower in midmorning action on Thursday, with oil firms leading the charge south, as investors waited for the European Central Bank to announce its latest policy decisions.

Spain was also on the agenda, as the country sold 3.992 billion euros ($5.17 billion), near the top end of its 3-4 billion euros target range, according to Dow Jones Newswires. The Stoxx Europe 600 index fell 0.2% to 270.76, while Spain’s IBEX 35 index was up 0.1% to 7,832.70.

France’s CAC 40 index dropped 0.4% to 3,393.82 and the U.K.’s FTSE 100 index slipped 0.2% to 5,812.87.

Marketwatch

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