Friday, May 25, 2007

European Stocks Fall on Interest Rate Concern; Bouygues, CRH Pace Decline

(Bloomberg) -- European stocks dropped for a second
day, led by construction companies, on concern that accelerating
growth in Europe will keep interest rates rising.

Bouygues SA, the world's second-biggest construction
company, and CRH Plc, the second-largest maker and distributor of
building materials, paced declines. OMX AB had the biggest rally
in more than four years after Nasdaq Stock Market Inc. agreed to
buy Europe's fifth-largest equity market.


Read more at Bloomberg Stocks News

No comments: