European shares move lower, but ISEQ makes small gains

European shares have moved lower, amid concern that the US budget deal will fail to reduce its government’s deficit.

3rd January, 2013
European shares move lower, but ISEQ makes small gains

European shares have moved lower, amid concern that the US budget deal will fail to reduce its government’s deficit.

Markets across Europe retreated from a 17 month high, as analysts predicted that more needed to be done to tackle the US deficit.

The Euro Stoxx 50 Index of the euro-area’s biggest companies was down about 0.7 per cent just after 1pm this afternoon. In London, trade was relatively flat, with the FTSE down marginally...

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