European Stock Indexes Edge Higher, Tech Stocks Fall
Dow Jones
Yesterday
0725 GMT - European stock indexes largely edge higher after falling sharply in the last session. Banks and utilities find some relief, though technology stocks slide. The Europe-wide Stoxx 600 nudges up 0.2% after closing at its lowest level since late Julyon Wednesday. London's FTSE 100 rises 0.15% as asset managers and consumer-facing stocks rise, though Associated British Foods slides 8% after earnings. France's CAC 40 gains 0.3% as Societe Generale gains 1.5%, though luxuries continue to weaken. Germany's DAX is flat. Deutsche Bank adds 1.4%, though index heavyweight SAP drags, falling 3.4%. Italy's FTSE MIB is 0.5% higher, while the Spanish IBEX 35 gains 0.6%. The Dutch AEX nudges 0.1% as ASML drops 0.8%.
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