GLOBAL MARKETS-European stocks rally fizzles out on earnings

April 22, 2015 12:07 PM

50 0

LONDON, April 22 (Reuters) - European stocks fell on Wednesday, with a series of weak company earnings reports reversing a rally seen earlier in the week and halting the positive momentum overnight that lifted some of Asia's biggest markets to multi-year highs.

Greece's debt crisis remained at the forefront of investors' minds. But a gathering of European finance ministers this week won't be the crunch meeting it had been billed as, giving Greek markets, euro zone bonds and the euro some breathing space.

Also read: Coke profit falls 28 percent, but beats expectations

Read more

To category page