European bourse retreat as earnings disappoint
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European equity markets retreated during Friday's morning session amid cautious trading as oil prices hit record levels above $90 a barrel and sentiment was also hurt by some disappointing corporate results.
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European equity markets were lower on Monday after an initial defensive-led rally petered out and further losses for technology stocks weighed on sentiment.
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European equity markets turned lower by mid-afternoon on Monday, subdued by early weakness on Wall Street.
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European stock markets fell back from a 28-month peak Tuesday as the euro hovered just below the &#36;1.30 mark and as oil prices steadied after their recent &#36;10 pullback from all-time highs.
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European equities had a mixed performance on Friday as investors continued to recoil from financial stocks and other risky bets in the wake of US subprime writedowns this week.
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Europe&#39;s main stock markets lost ground as investors booked hefty profits they&#39;d won the previous day, dealers said Thursday.
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Wall Street's negative reaction to surprisingly weak economic data from the Philadelphia Federal Reserve dragged Europe's bourses sharply lower.
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A slew of dismal earnings results drove European equity markets sharply lower on Thursday as fears grew of a global economic slowdown.
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Wall Street retreated after Bank of America missed analystsâ earnings expectations and provided further evidence of how the credit crisis has hurt the economy.
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Equities fall as Europe fears a wider economic slump.
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News German investor confidence had  plunged to its lowest level in almost 2 years gave the dollar  much needed support on Tuesday and European shares eased from  6-month highs after a mixed bag of earnings results.
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LONDON: European stock markets retreated yesterday as Wall Street slumped on Merck drug woes, oil prices climbed back toward the $50 mark and a bomb threat forced the landing of a British Airways plane.
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European stock markets were mostly lower in early trading after a lacklustre session on Wall Street overnight amid jitters over corporate earnings and resurgent oil prices.
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Wall Street pulled back sharply Tuesday as investors dealt with disappointing earnings reports and renewed concerns about the mortgage lending market.
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Technology stocks led European shares  downwards on Thursday after disappointing earnings reports from  sector leaders around the globe.
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European equity markets fell on Monday as weakness in financial and mining stocks offset strength in drugmakers.
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European equities were lower on Monday as financial stocks slipped on profit taking, offsetting gains for real estate groups and oil companies.