Europe: Shares dip, earnings disappointment weighs

Published Tue, Oct 30, 2018 · 10:03 PM — Updated Tue, Oct 30, 2018 · 10:58 PM

    [LONDON] European shares ended a choppy session lower on Tuesday, failing to benefit from a positive open on Wall Street as they buckled under the weight of disappointing earnings and data showing the euro zone economy grew less than expected in the third quarter.

    The leading euro zone stocks index was down 0.1 per cent, while Germany's DAX fell 0.4 per cent and Britain's FTSE 100 climbed 0.1 per cent.

    Among the factors weighing on morale was the euro zone's quarterly growth slowing to 0.2 per cent and signs of distress in Italy highlighting concerns that the bloc's third-ranked state is becoming one of its weakest links.