Share report: Stocks down as US data reveals slowdown

European stocks were little changed from a three-week high yesterday as growth figures from the US showed that the American economy had stalled in the first quarter.

30th April, 2014
In Dublin, the Iseq closed up by 0.4%

European stocks were little changed from a three-week high yesterday as growth figures from the US showed that the American economy had stalled more than predicted during the first quarter.

Investors are now awaiting a decision on monetary policy as the Federal Reserve wraps up a two-day policy meeting.

Meanwhile, the International Monetary fund has estimated that Russia has entered a recession. Growth in the country has slowed in recent months as investors continue to...

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