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European stock markets showed mixed moves in early action on Thursday, after rising to multi-year highs the prior day, while investors looked east after Japanese growth data beat expectations.
The Stoxx Europe 600 index fell 0.1% to 307.94. Shares of Compagnie Financiere Richemont SA rallied 7%, after the luxury-goods firm posted better-than-expected full-year earnings.
On a more downbeat note, Zurich Insurance Group AG dropped 3%, after reporting a decline in first-quarter profit. Among country-specific indexes, the U.K.’s FTSE 100 index gained 0.2% to 6,705.45, on track for an 11th straight day of gains. Germany’s DAX 30 index slipped 0.1% to 8,352.93, while France’s CAC 40 index fell 0.3% to 3,971.44.
marketwatch
