Europe Stocks Mostly Lower at Midday

Posted July 26th, 2011 at 7:35 am (UTC-5)
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European stock prices are mostly lower in midday trading Tuesday.

London’s Financial Times index is down less than one-tenth of one percent. The CAC-40 in Paris is down six-tenths of one percent, and trading on the DAX index in Frankfurt is virtually unchanged.

In New York, the S&P futures contract is up three points, indicating a higher opening.

Tokyo’s Nikkei index gained almost one-half of a percent to close at 10,098.

Hong Kong’s Hang Seng index rose one and one-quarter percent to end at 22,572.

Gold is trading at $1,611.15 an ounce, down from Monday’s record highs.

The dollar is trading lower against other major currencies.