European stocks slip; German industrial production weaken further
Investors had just grown comfortable with the idea that inflation was retreating in the U.S., allowing theThere are a number of Fed officials due to speak later Thursday at a fintech conference hosted by the Philly Fed, before they soon enter the blackout period ahead of their meeting later this month.Back in the European corporate sector, Nestle stock rose 0.
Grupo CRM has more than 1,000 chocolate boutiques under the Kopenhagen and Brasil Cacau brands and a strong, growing online presence, Nestle said. SAP stock fell 0.3% after the German business software maker said it has bought software management company LeanIX from investors.Oil prices fell Thursday, edging back from 10-month peaks as more signs of slowing Chinese growth overshadowed another draw in U.S. inventories, signaling tightening supplies.
The weak trade figures suggest the second biggest economy in the world, and largest crude importer, is at risk of missing Beijing's annual growth target of about 5%.
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