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European Stocks Fall as London Index Tracks a Weekly Loss Above 1.5%

Germany's DAX fell 0.54% to a two-week low, while UK retail sales rose 0.8% year over year in September, below expectations.

Wet stone steps lead toward a quiet London exchange entrance / TokenPost.ai
Wet stone steps lead toward a quiet London exchange entrance / TokenPost.ai

European stocks fell Friday as sluggish business activity and geopolitical concerns pressured regional benchmarks, with London's main index on track for a weekly decline exceeding 1.5%.

At 4:34 a.m. ET (08:34 UTC), London's main index was down 0.32%. Germany's DAX fell 0.54%, reaching a two-week low and extending losses from the previous session.

UK retail sales increased 0.8% from a year earlier in September, below expectations. Earlier UK business activity readings pointed to quarterly economic growth of about 0.1%, alongside rising input-price inflation.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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