Europe falls on profit-taking

Economies.com
2019-02-15 09:14AM UTC

European stocks fell on Friday on active profit-taking from three-month highs, with the car sector leading the decline on Pirelli earnings. 

 

Dow Jones Stoxx Europe 600 fell 0.1% after falling 0.2% yesterday, the first loss in four sessions. 

 

Weak US retail sales data also dampened enthusiasm further and stoked concerns about US growth. 

 

The sector alone fell 1.1% after Italian tires maker Pirelli reported a drop in 2018 sales. 

 

On Wall Street, Standard and Poor's 500 futures fell 0.3%, after sliding 0.3% yesterday on similar profit-taking. 

 

 

Euro Stoxx 50 shed 0.1%, while Germany's DAX dipped 0.3%, as London's Financial Times 100 dipped 0.1%. 

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