LONDON — European stock markets edged down in morning trading Tuesday, in the wake of two deadly bombings that took place at the Boston Marathon, stoking fears of terrorism.
The FTSE MIB in Milan, the CAC 40 in Paris, the DAX in Frankfurt and the FTSE 100 in London were all down 0.2 percent to 15,596.18, 3,702.45, 7,700.21 and 6,331.34, respectively.
The euro traded at $1.31 against the dollar, while the pound fetched $1.53, and the Swiss franc equaled $1.08 at 10.00 a.m. CET.
Retail and luxury stocks were mostly down, with the exception of Mulberry Group, which advanced 2.1 percent to 9.94 pounds, and Aeffe, up 1.4 percent to 0.59 euros.
Among the stocks that lost the most ground were LVMH Moet Hennessy Louis Vuitton, down 3.9 percent to 126.10, after it reported a six percent increase in first-quarter revenue, its slowest growth since 2009.
Kering, formerly known as PPR, lost 2.2 percent to 164.50 euros, while Burberry Group and Compagnie Financière Richemont were both down 1.4 percent to 12.66 pounds and 70.70 Swiss francs, respectively.
Asian markets ended mostly higher Tuesday.
The Shanghai Composite rose 0.59 percent to close at 2,195 while the Singapore’s Straits Times Index gained 0.22 percent to end at 3,292. South Korea’s Kospi Composite ended up .09 percent at 1,922.
India’s BSE 30 index was up about 2 percent in late afternoon trade near 18,732.
A few markets ended in negative territory. Japan’s Nikkei 225 shed 0.41 percent to end the day at 13,221. Hong Kong’s Hang Seng index shed 0.46 percent to close at 21,672.
On Monday, Asian markets took a hit after China released disappointing first-quarter GDP figures showing slower-than-expected growth.