Stock indices declined. Escalating violence in Iraq weighed on stock markets. The violence in Iraq could lead to disruptions in the oil supplies in OPEC’s second-biggest oil producer. U.S. president Barack Obama warned to use air strikes to help the government in Baghdad.

Eurozone’s trade balance surplus decreased to 15.7 billion euro in April from a surplus of 16.7 billion euro in March. March’s figure was revised down from a surplus of 17.1 billion to +16.7 billion. Analysts had expected a surplus of 16.3 billion euro.

The number of persons employed in the Eurozone climbed by 0.1% in the first quarter.

Indexes on the close:

Name                                   Price                                    Change                 Change %

FTSE 100                             6,777.85                              -65.26                        -0.95%

DAX                                      9,912.87                              -25.83                       -0.26%

CAC 40                                 4,543.28                              -11.12                       -0.24%