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LONDON, Dec 7: European stocks slid on Wednesday as pessimism set in that the EU summit would not deliver a significant breakthrough on the eurozone debt crisis.
An early advance in European equities was halted by downbeat comments from German officials.
London’s FTSE-100 index of top companies ended the day down 0.39 per cent to close at 5,546.91 points, while in Paris the CAC-40 dipped 0.11 per cent to 3,175.98 points and Frankfurt’s DAX 30 dropped 0.57 per cent to 5,994.73 points. Milan shed 1.24 per cent and Madrid 0.79 per cent.—AFP
