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STOXX 600 Index Falls · Oil Prices Rise Over 2%

Reuters ·

BCS Barclays plc ADR
$22.60 +1.21%
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  1. 1The STOXX 600 Index fell 0.84% to 639.05 points.
  2. 2Barclays' third-quarter pre-tax profit of 2.3 billion pounds ($3.08 billion) fell short of the 2.4 billion pounds expected by Barclays.
  3. 3Oil prices recorded a rise of over 2% on Thursday.

So what's the key point?

Oil prices rose by more than 2%, but major European stock indices fell. The index decline was influenced by Barclays' profits coming in lower than expert expectations.

Source Reuters · View original ↗

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