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European stocks move lower as Siemens shares fall

A number of earnings reports were released this morning, with Siemens reporting a fall in new orders in the last quarter

European stocks move lower as Siemens shares fall

European equities pulled lower Thursday, with German industrial heavyweight Siemens among the market’s decliners, but stock in Italian lender UniCredit was a bright spot in the struggling banking group, MarketWatch reports.

The Stoxx Europe 600 was off 0.3% to 377.58. No sector traded higher, and oil and gas and telecom shares were putting in the worst performance.

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