European stock markets moved lower in early action on Wednesday after U.S. President Barack Obama secured more support in Congress for a military strike in Syria.
The White House moved closer to an approval for a resolution on Tuesday as a range of congressional leaders, including House Speaker John Boehner, said they support the call for an intervention.
The Stoxx Europe 600 index fell 0.2% to 301.29, adding to a 0.4% loss from Tuesday.
Shares of Ryanair Holdings PLC sank 14% after a profit warning.
Banks were also lower, with shares of Banco de Sabadell SA down 1.4% and UniCredit SpA off 1.5%.
Among country-specific indexes, the U.K.'s FTSE 100 index dropped 0.46% to 6,446.53, while France's CAC 40 index lost 0.66% to 3,957.88. Germany's DAX 30 index fell 0.42% to 8,170.32.62.
Data in EMU came in a mix mood. The August’s services PMI in the euro area failed to meet expectations. The improvements from Germany, France and Spain opposed pullbacks from Italy and the bloc as a whole.
Separate repoert showed on an annual basis Eurozone GDP decreased 0.5% in Q2, up from the 1.1% fall registered the previous quarter. Economists expected a greater decline of 0.7%. Quarter-over-quarter GDP rose 0.3% in Q2, compared with the 0.3% drop in Q1, as expected.
Bank of England policy makers start a two-day meeting today.
The Bank of England’s nine-member Monetary Policy Committee will keep its asset-purchase target at 375 billion pounds tomorrow, according to economists. Officials will hold the main interest rate at a record-low 0.5% as they assess the impact of forward guidance, a separate survey showed.
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