European Indexes Fall as Political Pressures Weigh
Dow Jones
Oct 05
0732 GMT - European stock indexes largely edge lower in early trade as political pressures add to losses on French and Spanish indexes. Banks and industrial stocks fall as the continentwide Stoxx 600 trades flat. London's FTSE 100 edges 0.1% lower as financials fall, though BT Group adds 1.9% after acquiring TalkTalk. Germany's DAX slips 0.1%. Software giant SAP adds 0.9%, though real-estate companies fall. France's CAC 40 falls 0.95%. Schneider Electric drops 7.5% after the group agreed to buy U.S. industrial-software maker PTC. Hermes falls 2.1%, while BNP Paribas loses 2%. Italy's FTSE MIB falls 0.2%, while Spain's IBEX 35 pares earlier gains to fall 0.2% after Spanish leader Pedro Sanchez called a snap election. The Dutch AEX rises 0.3%.
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