Excerpt from: Stock Indices CFDs and Spread Bets
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| June 29, 2007 | | U.S. interest rate news moves the European stock market lower | European stock indices are down today as U.S. interest rate news affects the European stock market. Spread bets and CFDs on European stock indices should consider shorting on this, the last day of the quarter. MarketWatch reports on the European stock market:
European stocks edged lower Friday as traders got
their first chance to react to a monetary-policy statement issued by
the Federal Reserve, which said there's been progress on bringing U.S.
inflation to heel but conceded that worries aren't over.
On the final day of the second quarter, the pan-European Dow Jones Stoxx 600 fell 0.4% to stand at 389.96, led by U.K. real-estate companies after HSBC cut earnings forecasts across the sector.
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