STOXX 600 Index Falls · Oil Prices Rise Over 2%
BCS Barclays plc ADR
$22.60 +1.21%
View chart & analysis → - 1The STOXX 600 Index fell 0.84% to 639.05 points.
- 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.
- 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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