Markets lower as they reopen after weekend - WAOW - Newsline 9, Wausau News, Weather, Sports

Markets lower as they reopen after weekend


PARIS (AP) -- (All times local):  9:40 a.m.European stock markets have opened lower but the retreat is less than many analysts were predicting in the wake of the attacks in Paris.

   Though there are concerns over the impact on the French economy, especially what happens to consumer sentiment, the markets have largely held up early Monday.

   The Stoxx 50 index of leading European shares was down 0.2 percent, while the CAC-40 index in Paris was only 0.4 percent lower.

   Connor Campbell, financial analyst at Spreadex, said there is "no sign of the panicked trading that could have been justifiably expected."

   Unsurprisingly, stocks within the travel and tourism sector, such as Germany's TUI and Britain's Thomas Cook, underperformed.

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