• European stock markets mid session: stocks traded little changed after the better-than-expected consumer spending in France

Market news

27 June 2014

European stock markets mid session: stocks traded little changed after the better-than-expected consumer spending in France

Stock indices traded little changed after the better-than-expected consumer spending in France. The consumer spending in France increased 1.0% in May, exceeding expectations for a 0.3% gain, after a 0.3% decline in April.

On a yearly basis, the consumer spending in France declined 0.6% in May, after a 0.5% drop in April.

The gross domestic product in the U.K. rose 0.8% in the first quarter, in line with expectations, after a 0.8% gain the previous quarter. On a yearly basis, the U.K. GDP increased 3.0% in the first quarter, missing forecasts of a 3.1% rise, after a 3.1% gain the previous quarter.

Current figures:

Name Price Change Change %

FTSE 100 6,742.54 +7.42 +0.11%

DAX 9,803.76 -1.14 -0.01%

CAC 40 4,443.54 +3.91 +0.09%

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