As of February 11, European stock markets fell after the negative news from the world’s largest insulin maker Novo Nordisk and oil company Lundin Petroleum AB. As a result, Stoxx 50 and DAX fell by 0.29% and 0.24%, respectively, while FTSE 100 slightly rose by 0.21% provided by an upgrade of Tesco Plc. and gains in bank shares.
- Asian Markets Were Closed
- Pope Benedict XVI on Monday said he plans on resigning the papal office on February 28th