European Markets Finish Friday With Mild Losses

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2023-06-09 17:14:09  • 3 mins

The major European markets closed slightly lower on Friday, maintaining their trend of little movement as France and Germany reversed Thursday's slim gains while the UK was down for the third straight session.

The markets opened barely in the green but quickly headed south in a morning that saw them bounce back and forth across the unchanged line - but they turned lower for good in the afternoon and ended in the red.

Investors were unimpressed with the latest batch of economic data, and they remain nervous about the Federal Reserve's rate decision next week - although it is widely expected that the Fed will leave rates unchanged.

The DAX in Germany shed 40.12 points or 0.12 percent to finish at 15,949.84, while FTSE in London sank 37.38 points or 0.49 percent to close at 7,562.36 and the CAC 40 in France eased 9.01 points or 0.12 percent to end at 7,213.14.

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