Home / Market Update / Global Stock Market / European Stocks Close Lower Following ECB Meeting

European Stocks Close Lower Following ECB Meeting

European stocks closed lower on Thursday, following the European Central Bank’s (ECB) decision to expand its stimulus program and amid uncertainty surrounding post-Brexit trade talks between the European Union (EU) and the United Kingdom (UK).

The STOXX Europe 600 index finished lower by 0.4%, despite a positive performance by oil and gas stocks, with the banking sector leading the decline.

Meanwhile, the UK’s FTSE100 added 0.54%.

The French index CAC40 leveled up by 0.05%, while the German DAX closed lower by 0.33%.

Check Also

How Have US Stocks Reacted After Trump’s Win?

Certain stocks have been disappointed by Trump’s election-related gains; Tesla has lost 4.5% of its …