European Stocks Close Lower

European stock indices closed lower Wednesday, affected by inflation expectations in Britain and a wave of selling in shares of automakers. The European Stoxx 600 index ended trading down by 0.35 percent, with most sectors declining, as the automobile sector fell 1.3 percent, oil and gas stocks fell 1.2 percent, and mining stocks fell 2.1 percent. The German DAX index fell by about 0.24 percent, the French CAC index lost by about 0.61 percent, while the British FTSE index fell by about 0.55 percent. Source: Qatar News Agency