Market news
12.09.2014, 16:05

European stocks close: stocks closed mixed

Stock indices closed mixed. New sanctions against Russia weighed on markets. European Union will implement new sanctions against Russia tomorrow. European Union approved new sanctions against Russia on Monday, but put it on hold.

The U.S. is joining the European Union in imposing new sanctions on Russia.

Russia responded it may ban some U.S. and European imports.

Scotland's independence referendum continued to weigh on markets. A Wednesday Scotland's independence poll showed 53% said "no" to independence.

Market participants are awaiting the Fed meeting next week. They speculate that the Fed will hike its interest rate sooner than expected.

Eurozone's industrial production rose 1.0% in July, beating forecasts of a 0.6% gain, after a 0.3% decline in June.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,806.96 +7.34 +0.11%

DAX 9,651.13 -40.15 -0.41%

CAC 40 4,441.7 +0.80 +0.02%

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