By Julie Cruz
May 11 (Bloomberg) -- European stocksfell on concern a $1 trillion lending package, which sent the Stoxx Europe 600 Index to the biggest gain in 17 months yesterday, won’t solve the region’s debt crisis. Asian shares and U.S. index futures slid.
Banco Santander SA, Spain’s biggest lender, led banks lower. BHP Billiton Ltd., the world’s largest mining company, retreated 1.9 percent as Chinese inflation accelerated, increasing pressure on the government to tighten monetary policy. Deutsche Boerse AG slipped 1.2 percent after reporting earnings that missed analysts’ estimates. Read more
No comments:
Post a Comment