Home / Market Update / Global Stock Market / European Stocks Close Mostly Lower Despite Positive Data

European Stocks Close Mostly Lower Despite Positive Data

European stocks showed a mixed performance on Thursday, as positive economic data boosted investors’ sentiment amid anticipation for the May jobs report in the U.S.

The STOXX Europe 600 index lost 0.12% to close at 450.79 points, after finishing at a new record high on Wednesday.

Meanwhile, the basic resources sector plunged by 1.9% with major mining stocks seeing losses.

The French CAC40 index closed lower by 0.21%, and the UK’s FTSE100 also declined by 0.61%.

In Germany, the DAX benchmark index gained 0.19% and closed at 15,632.67 points.

Check Also

Silver Price Outlook: XAG/USD Pauses Near Record Peaks

Silver (XAG/USD) holds steady around $38.25 on Friday, following a 14-year high of $39.13 earlier …