Investing.com – European stocks were mixed on Thursday, after China reported a slowdown in second quarter growth and after the U.S. Federal Reserve said that the economic outlook for the U.S. has "softened".
During European morning trade, the EURO STOXX 50 shed 0.07%; France’s CAC 40 slid 0.03% while Germany's DAX rose 0.11%.
The DAX's gains came as shares in Siemens gained 0.3% after the firm announced a deal worth several billion euro to supply wind power and railway technologies to Russia.
The banking sector saw some losses ahead of next weeks results of euro zone bank stress tests, with French banking group BNP Paribas down 2.1% and Barclays PLC down 2.4%.
In London, the commodity heavy FTSE 100 slid 0.21% as shares in BP dropped 0.30% after a U.S. House committee on natural resources agreed measures which could prevent BP from starting any new offshore drilling for seven years.
The outlook for U.S. equity markets, meanwhile, was optimistic: Dow Jones Industrial Average futures indicated an increase of 0.03%, S&P 500 futures pointed to a gain of 0.09% and Nasdaq 100 futures indicated a rise of 0.23%.
Later in the day, the U.S. was to publish key data on initial jobless claims.
During European morning trade, the EURO STOXX 50 shed 0.07%; France’s CAC 40 slid 0.03% while Germany's DAX rose 0.11%.
The DAX's gains came as shares in Siemens gained 0.3% after the firm announced a deal worth several billion euro to supply wind power and railway technologies to Russia.
The banking sector saw some losses ahead of next weeks results of euro zone bank stress tests, with French banking group BNP Paribas down 2.1% and Barclays PLC down 2.4%.
In London, the commodity heavy FTSE 100 slid 0.21% as shares in BP dropped 0.30% after a U.S. House committee on natural resources agreed measures which could prevent BP from starting any new offshore drilling for seven years.
The outlook for U.S. equity markets, meanwhile, was optimistic: Dow Jones Industrial Average futures indicated an increase of 0.03%, S&P 500 futures pointed to a gain of 0.09% and Nasdaq 100 futures indicated a rise of 0.23%.
Later in the day, the U.S. was to publish key data on initial jobless claims.