After a four-day winning run, European stock markets retreated on Thursday, as investors digested corporate earnings and waited for jobless claims data from the U.S.
Initial jobless claims in the U.S. fell to 328,000 in the period ended Jan. 11, the fewest since November, according to the median estimate of economists.
The Stoxx Europe 600 index slipped 0.1% to 334.15, after closing at the highest level in six years on Wednesday.
Germany’s DAX 30 index inched 0.1% lower after closing at an all-time high on Wednesday. France’s CAC 40 index fell 0.2% and the U.K.’s FTSE 100 index was slightly higher.
In UK the Royal Institution of Chartered Surveyors said it house-price measure declined to 56 from 58 in November, citing a survey of property surveyors.
Shares of Premier Oil PLC dropped 3.9% after the oil exploration and production company said output in 2013 was in the middle of its guidance.
Shares of Associated British Foods PLC lost 2.3% after the food and retail firm said its budget clothing chain Primark posted strong sales around Christmas, but that its sugar business was weaker than expected.
Royal Ahold NV gave up 3.5% after the Dutch supermarket firm said sales declined by 4.2% in the fourth quarter due to foreign exchange effects and a loss of market share in its two key regions.
Swiss Re AG gave up 1.5% after J.P. Morgan Cazenove cut the reinsurance firm to underweight from neutral.
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