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Article: World stocks pause for breath after US bank earns
- Article from:
- AP Worldstream
- Article date:
- October 15, 2009
- Author:
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European and U.S. stock markets mostly fell Thursday after mixed bank earnings reined in some of the optimism that sent many of the world's major indexes to year highs the day before.
In Europe, the FTSE 100 index of leading British shares closed down 33.15 points, or 0.6 percent, at 5,222.95, even though shares in supermarket chain J. Sainsbury PLC spiked over 10 percent on speculation that a major Qatari investor may bid for the company.
Meanwhile Germany's DAX fell 23.37 points, or 0.4 percent, to 5,830.77. France's CAC-40 bucked the trend and closed up, albeit a tiny 1.16 point at 3,883.83.
On Wall Street, the Dow Jones industrial average was 28.26 points, or 0.3 ...