European stock markets slip as Greek relief rally fades

viernes 17 de julio de 2015 09:54 GYT
 

* FTSEurofirst 300 down 0.1 pct, Euro STOXX 50 flat

* Ericsson shares rise but Volvo falls

* Investor focus shifting to earnings, U.S. rate outlook

* Both Euro STOXX and FTSEurofirst up nearly 20 pct in 2015

By Lionel Laurent

LONDON, July 17 (Reuters) - European stock markets slipped on Friday, with a recent Greece-driven relief rally showing signs of fading, while a drop in the shares of truck maker Volvo also weighed on equities.

The earnings season is only just getting under way in Europe, with Friday's batch of results bringing forecast-beating numbers from mobile network supplier Ericsson, appliance maker Electrolux and Swiss fragrance firm Givaudan, with Givaudan and Ericsson rising around 4 percent.

However, shares in truck maker Volvo dropped 5 percent after the company warned it expected little growth in North America in coming years.

The pan-European FTSEurofirst 300 index edged down 0.1 percent, although it remained near six-week highs.   Continuación...