European Stocks End Lower

Trading volume was light. Asian markets also post losses

European markets ended lower on very low volumes as the London exchange was closed for a bank holiday. The light trading across the continent suffered after Wall Street turned sour. The DJIA and the Nasdaq were about 1% lower each at the time European bourses were closing, with technology shares and cyclicals leading the decline. Wal-Mart's lowered guidance was coupled with some negative reports in European retail, Germany's KarstadtQuelle in particular.

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