Europe struggles but record highs in New York

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(Alliance News) – Large-cap European equities closed lower on Thursday, underperforming New York counterparts, which continued to push higher following Wednesday’s softer US inflation data.

The FTSE 100 index edged down 7.15 points, 0.1%, at 8,438.65. The FTSE 250 added 47.21 points, 0.2%, at 20,822.84, and the AIM All-Share closed up 0.89 of a point, 0.1%, at 792.50.

The Cboe UK 100 lost 0.2% at 841.48, the Cboe UK 250 ended up 0.2% at 18,140.27, and the Cboe Small Companies shot up 0.6% at 16,301.31.

In European equities on Thursday, the CAC 40 in Paris fell 0.6%, while the DAX 40 in Frankfurt ended down 0.7%.

In New York, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite were each up 0.3% at the time of the London close.

Walmart helped lift sentiment on Thursday on a first-quarter earnings beat and a guidance hike. The retailer traded 5.8% higher at the time of the closing bell in Europe, the best performer on…

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