European stock markets drop at open

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MG News | July 08, 2019 at 01:06 PM GMT+05:00

July 8, 2019: European stock markets fell at the open Monday, retreating further following strong US jobs data that reduced pressure on the Federal Reserve to cut interest rates sharply.

London's benchmark FTSE 100 index dropped 0.1 percent to 7,543.16 points, compared with the close on Friday.

In the eurozone, Frankfurt's DAX 30 lost 0.2 percent to 12,541.38 points and the Paris CAC 40 shed 0.2 percent to 5,580.86.

AFP/APP

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