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The stock indices stocks traded lower resuming the recent selloff, as investors weighed corporate earnings.
The producer price index in Germany decreased 0.1% in April, from a 0.3% decrease in March. Analysts had expected 0.0%. On a yearly basis, the German producer price index declined 0.9% in April (March: -0.9%). Analysts had forecasted a 0.7% decrease.
Vodafone Group Plc shares declined 5.8% after the company forecasted the fall of its profit in this year.
United Internet AG climbed 6.2% after reporting the better-than-expected earnings in the first quarter.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,802 -42.55 -0.62%
DAX 9,639.08 -20.31 -0.21%
CAC 40 4,452.35 -17.41 -0.39%
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