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- European stocks close: stocks traded mixed ahead of Fed monetary policy decision
European stocks close: stocks traded mixed ahead of Fed monetary policy decision
European
stocks traded mixed ahead of Fed monetary policy decision. A slowdown had a
negative effect on the European stock markets. U.S. Gross domestic product
(GDP) increased 0.1% in the first quarter. This slow growth is a result of a
cold winter in the USA. The U.S. economy climbed 2.6% in the previous quarter.
Analysts forecasted the increase of 1.1%.
Alstom SA
shares increased 9.8% after Alstom confirmed that the company is discussing an
acquisition of its energy business, by General Electric.
Royal Dutch
Shell Plc was up 3.1% after announcing the lower-than-expected fall of its
profit in the first quarter.
Osram Licht
AG dropped 6.7% caused by the worse results.
Indexes on the close:
Name Price Change Change %
FTSE
100 6,780.03
+10.12 +0.15%
DAX 9,603.23 +19.11 +0.20%
CAC 40 4,487.39 -10.29 -0.23%
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