Thursday, 12 July 2007

Europe stocks bounce fades, dollar keeps sinking

(Reuters) - European stock markets slipped again on Thursday as this week's U.S. housing-related jolt to credit markets and a soaring euro outweighed a fresh burst of takeover activity in the mining sector.

A brief rally in European stocks shortly after the open faded quickly despite earnings-related gains across Asia earlier and a bounce on Wall Street late on Wednesday.


Read more at Reuters Africa

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