European stock index futures fell on Friday, indicating the benchmark Stoxx Europe 600 Index will trim the largest weekly Futures on the Euro Stoxx 50 Index expiring in December retreated 0.5 percent to 2,189 at 7:21 a.m. in London, while FTSE 100 Index futures slipped 0.3 percent. The Stoxx Europe 600 Sector Index has rallied 5.9 percent this week, the largest advance since July 2009, as policy makers increased efforts to contain the region''s sovereign-debt crisis and U.S. employment and growth data exceeded forecasts, according to Bloomberg. The measure is still headed for the biggest quarterly decline since 2008, having fallen 16 percent amid concern global economic growth is slowing. The index has dropped 3.6 percent in September, a fifth straight month of losses. While the dollar fell against the yen in Asia Friday due to Japanese exporter selling related to their fiscal half-year end, according to Nikkei online edition. The ICE Dollar Index, which tracks the U.S. dollar against a basket of currencies, was at 78.104 from 77.865.
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U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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