Stock Market News – European shares retrace morning gains, strength in US equity market unfolds
Posted on August 7, 2017 at 1:46 pm GMTAs the European session progressed many of the equity bourses on the old continent gave up on their early gains. The pan-European benchmark STOXX 600 index fell a quarter-of-a-percent, while the Germany’s DAX was the worst performing country index, down 0.47%. By contrast, the stock market in the US opened higher with the NASDAQ gaining the most, up 0.15%. Mining and energy stocks drove some early gains for the European bourses, led by the FTSE 100 index, on a rally [..]