S&P and Dow demonstrate record maximums
On Friday, the S&P 500 along with the Dow demonstrated record maximums for the second straight day…
European markets mostly head south
On Monday, European markets started mostly lower. It’s because market participants were focusing on a fresh bunch of corporate earnings reports.
The EURO STOXX 50 inched down 0.27%, France’s CAC 40 lost 0.21% and Germany’s DAX 30 descended 0.14%.
Financial equities were broadly lower because French lenders BNP Paribas as well as Societe Generale slumped 1.35% and 1.94% respectively. Meanwhile, Germany's Commerzbank and Deutsche Bank edged down respectively 0.77% and 1.23%.
As for peripheral lenders, Italy's Intesa Sanpaolo and also Unicredit went down respectively 0.28% and 0.92%. Besides this, Spanish banks Banco Santander along with BBVA dipped 0.68% slid 2.24% respectively.
Additionally, in London, FTSE 100 tacked on 0.01%, underpinned by steep revenues in the mining sector.
Equities in Glencore headed north 0.70%, Rio Tinto rallied 1.52%, while Anglo American as well as BHP Billiton climbed 1.95% and 2% respectively.
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