Europe Markets

European stocks extend negative streak for third day

Referenced Symbols

European stocks finished down Thursday, with the Stoxx Europe 600 index XX:SXXP falling 0.63% to 457.93.

The German DAX DX:DAX dropped 0.79% to 15,893.38, the French CAC 40 index FR:PX1 weakened 0.72% to 7,260.53 and the FTSE 100 index UK:UKX fell 0.43% to 7,529.16.

Of the Stoxx Europe 600 constituents, technology company Infineon Technologies AG XE:IFX saw the largest decline Thursday, as shares weakened 9.3%

Shares of media/entertainment firm ProSiebenSat.1 Media SE XE:PSM and basic materials/resources company Mondi PLC UK:MNDI dropped 7.2% and 6.7%, respectively.

Deutsche Lufthansa AG XE:LHA, an air transport company, and industrial goods company Rexel S.A. FR:RXL rounded out the top five largest decreases as their stocks declined 5.5% and 4.7%, respectively.

United Internet AG XE:UTDI, a technology company, saw the largest increase of the Stoxx Europe 600 constituents, as shares increased 7.1% on Thursday.

Shares of retail firm Zalando SE XE:ZAL and business services company Adecco Group AG CH:ADEN gained 7.0% and 6.5%, respectively.

Rolls-Royce Holdings PLC UK:RR, an aerospace/defense company, and consumer goods business Beiersdorf AG XE:BEI rounded out the top five largest increases as their stocks gained 4.5% and 3.8%, respectively.

The pound GBPUSD was down 0.06% against the dollar, and the euro EURUSD was up 0.06%. Brent crude UK:BRN00 increased 1.89% to $84.77.

The yield on the 10-year gilt BX:TMBMKGB-10Y rose 7.22 basis points to 4.478%, and the yield on the German 10-year bund BX:TMBMKDE-10Y increased 6.810 basis points to 2.60%.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.