Stocks Mixed Over Lack of EU Rescue Deal
European equity markets are mixed as EU leaders are still divided over the terms of the €750 billion rescue fund. Traders shrugged off the fact that things appear to be heading in the right direction as the gulf between the two sides has narrowed.
EU Rescue Fund Remains in Focus, Markets Calm
The EU summit to discuss the rescue fund kicked off on Friday. The trading session was quiet as dealers spent much of the day waiting to hear about the talks. It was a quiet day for European and US stocks.