European Markets Recover Losses By Close

Friday, 23 February 2018 00:25 WIB

European stocks closed just below the flat line Thursday afternoon, as heightened expectations of faster interest rate hikes in the U.S. hampered risk appetite globally. The pan-European Stoxx 600 close 0.2% lower at 380.34, with major bourses and sectors pointing in different directions. The U.K. FTSE 100 was the worst performing major index, closing lower by 0.4 percent. This was an improvement on trade earlier in the afternoon, when it was over 1 percent lower. The French CAC and German DAX were both close to the flat line. Utilities was the standout sector, closing up 1.45 percent....

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