Europe Markets: Europe stocks drift lower as EdF stumbles on nuclear fault [MarketWatch]
ELECTRICITE FR UNSP/ADR (ECIFY)
NASDAQ:AMEX Investor Relations:
edf.fr/en/the-edf-group/dedicated-sections/investors-shareholders
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Source: MarketWatch
Europe stocks drift lower as EdF stumbles on nuclear fault European stocks declined on Tuesday ahead of key central bank and trade meetings, with shares of France’s nuclear jewel touching a two-year low after revealing trouble at a subsidiary. Shares of Electricite de France EDF, -6.59% dropped 6% after saying its majority-owned nuclear reactor construction firm Framatome had found anomalies in manufacturing parts. The faults concern both in-service components as well as new components which have not yet been installed on any sites. EdF owns more than 75% of Framatome, and 5% owner Assystem ASY, -0.90% dipped 0.8%. The Stoxx Europe 600 index SXXP, -0.39% fell 0.58% to 383.83. The German DAX DAX, -0.09% declined 0.32% to 12186.37, the French CAC 40 declined 0.59% to 5555.92 and the U.K. FTSE 100 UKX, -0.21% dropped 0.39% to 7207.74. After Monday’s 38-point gain for the Dow industrials DJIA, +0.14% , U.S. stock futures ES00, -0.22% declined. Attention started to dri
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