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Thursday, November 05, 2009
European Shares Slide, Rate Decisions On Tap
By Sarah Turner
MarketWatch Pulse
LONDON -- European shares dropped in early trading on Thursday, contributing to a volatile week, with rate decisions from the European Central Bank and the Bank of England on tap in another busy day for corporate earnings. Miner Vedanta Resources fell 2.9% and consulting firm Cap Gemini fell 4.9% after updating investors, while Deutsche Telekom rose 1.6% and BNP Paribas gained 1%. The U.K. FTSE 100 index declined 0.9% to 5,058.55, the German DAX index declined 1.2% to 5,380.86 and the French CAC-40 index lost 1.1% to 3,630.75.
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