European Markets Lower at Midday

Posted July 11th, 2011 at 6:55 am (UTC-5)
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European stock markets were lower in midday trading Monday.

London’s Financial Times 100 index was down three-tenths of a percent , to 5,972. The CAC-40 in Paris fell 1.37 percent , to 3,860. And the DAX in Frankfurt dropped one percent , at 7,331.

The S&P futures contract was down 13 points, indicating a lower opening for U.S. markets.

In Asia, Tokyo’s Nikkei index dropped seven-tenths of a percent to close at 10,070.

Hong Kong’s Hang Seng index fell 1.69 percent , to end at 22,343.

Gold was trading at $1,543.73 an ounce.

The U.S. dollar was mixed against other major currencies.