European stock markets fell from a six-year closing high on Tuesday, with mining firms sliding as metals prices weakened, and as Vivendi and Fresenius dropped after earnings reports.
The Stoxx Europe 600 index lost 0.4% to 336.70 after closing at the highest level since January 2008 on Monday.
Among country-specific indexes in Europe, the U.K.’s FTSE 100 index lost 0.6%, Germany’s DAX 30 index fell 0.4% and France’s CAC 40 index gave up 0.5%.
Earlier on, German GDP figures for the last three months of 2013 left no room for surprises, expanding in line with expectations 0.4% inter-quarter.
UK data showed Mortgage Approvals rose to 50K in January, surpassing both estimates and December’s reading at 47.9K and 47.1K, respectively.
Several prominent companies weighed on the pan-European index after reporting earnings on Tuesday.
Shares of Fresenius SE & Co. slid 8.2% after the health-care firm laid out its 2014 outlook, which was markedly below market forecasts.
Shares of Vivendi SA dropped 2.1% after the French telecoms and media firm said sales continued to suffer at the group’s French phone business last year.
Mining firms also added pressure as metals prices declined. Shares of Rio Tinto PLC dropped 2.7%, BHP Billiton PLC fell 1.4% and Glencore Xstrata PLC erased 1.5%.
On a more upbeat note, shares of Jyske Bank AS rallied 7% after the Danish bank said late Monday it has agreed to merge with unlisted mortgage-credit institution BRFkredit.
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