European markets wobble amid US Thanksgiving holiday
European markets wobble amid US Thanksgiving holiday
London - Egypt Today
Europe's major stock markets wobbled on Thursday, after a downbeat session in Asia and with US investors absent for Thanksgiving.
"European markets have had a little wobble this morning as they look forward to a day without their US cousins," said Chris Beauchamp, chief market analyst at IG.
"The drying up of (trading) volumes over the past 24 hours prompted mini-routs in the FTSE and the DAX, but these seem to have run their course with both indices moving off their lows."
Frankfurt, London and Paris began the day with opening losses and diverged within a narrow band as the morning progressed.
German investor sentiment was subdued by ongoing political uncertainty following last weekend's inconclusive elections.
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