1557 GMT [Dow Jones] CAC-40 ends 0.4% lower at 3051.68, with financial stocks sensitive to the uncertain outcome of the EU summit taking place Thursday and Friday in Brussels, a trader says. Societe Generale ends 2.1% lower, with BNP Paribas down 2.5% and Credit Agricole off 1.2%. Vivendi bucks the trend, closing 5.5% higher following reports that its CEO will step down. Investors will remain focused on the EU summit Friday, while scheduled data releases include French 1Q GDP at 0530 GMT and consumer spending at 0645 GMT. Later, US macro prints include personal income and spending at 1230 GMT and University of Michigan consumer sentiment at 1355 GMT. (hugo.passarello@dowjones.com)
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(END) Dow Jones Newswires
June 28, 2012 12:12 ET (16:12 GMT)
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