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European stock markets opened softer on Thursday, after Chinese data showed inflation rose more than expected in April, stoking fears the government will withhold more easing measures.
The Stoxx Europe 600 index [xx:sxxp] slipped 0.2% to 303.15, retreating after closing at the highest level since June 2008 on Wednesday. Shares of BG Group PLC added 1.7%, after a broker upgrade, while Eurasian Natural Resources Corp. lost 1.6% after reporting earnings.
The FTSE 100 index was marginally lower at 6,581.67. France’s CAC 40 index dropped 0.8% to 3,924.80 and Germany’s DAX 30 index fell 0.1% to 8,238.55.
Marketwatch
