The main European stock markets closed with declines – Yahoo Finance Spain

European shares closed lower on Monday, dragged down by poor data on Chinese industrial production and falling oil prices

The London FTSE-100 index lost 0.39%, the Frankfurt DAX 30 0.41% and the CAC-40 in Paris 0.56%.

The FTSE-Mib in Milan meanwhile fell 0.92% and the Madrid IBEX 35 0.31%.

In New York, Wall Street also operated with losses, attributed by the analyst to the same factors.

“The data is always worst in the industrial production of China and the decline in oil prices reversed the upward trend of last week,” said Manoj Ladwa, Parners TJM analyst in London.

The Chinese manufacturing activity contracted in January, posting its biggest retreat in more than three years, according to a government index that reconfirms the continued slowdown of the industrial sector in the second largest economy

<-.! google_ad_section_end ->