European stocks close: stocks closed lower as investors are awaiting the release of the Fed’s minutes

Market news

8 October 2014

European stocks close: stocks closed lower as investors are awaiting the release of the Fed’s minutes

Stock indices traded lower ahead the release of the minutes from the U.S. Federal Reserve's latest meeting. Investors are awaiting new signs for the direction of the U.S. monetary policy.

Yesterday's International Monetary Fund's economic growth cut and the disappointing German industrial production still weighed on markets.

SAP SE declined 3.8% after news reported the company will stop hiring until 2015.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,482.24 -13.34 -0.21 %

DAX 8,995.33 -90.88 -1.00 %

CAC 40 4,168.12 -41.02 -0.97 %

Dow +179.98 16,899.37 +1.08% Nasdaq +60.81 4,446.01 +1.39% S&P +20.65 1,955.75 +1.07%

European stocks close: FTSE 100 6,482.24 -13.34 -0.21% CAC 40 4,168.12 -41.02 -0.97% DAX 8,995.33 -90.88 -1.00%

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