Share report: Shares drop on earnings, Russia sanctions

European stocks fell today as worse-than-expected earnings outweighed good news from a US growth report and the EU and US imposed a slew of new sanctions on Russia.

30th July, 2014
In Dublin, the Iseq index lost 0.7%

European stocks fell today as worse-than-expected earnings outweighed good news from a US growth report and the EU and US imposed a slew of new sanctions on Russia for its role in the insurgency in eastern Ukraine.

The tightened sanctions against Russia caused concern for investors and damaged overall sentiment as Russia warned of consequences.

National benchmark indexes fell in 12 of 18 western European markets today.

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