European stocks fell on Friday, following the declines in US and Asian markets, paced by technology and auto shares, on concern that the slower US economic growth will cut corporate earnings.
UK`s benchmark index FTSE 100 lost 16.50 points, or 0.25% to trade at 6,481.30. The drop in the FTSE 100 was led by HSBC Holdings, Hbos, and Royal Dutch Shell.
French benchmark index CAC 40, fell 31.44 points, or 0.56%, to trade at 5,596.04. Fall in the CAC 40 was led by Sanofi-aventis, Suez and BNP Paribas.
Friday, December 28, 2007
European stocks fall led by tech and auto shares
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