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BUSINESS INFORMATION - The market-European major stock markets fell for the second consecutive day on Wednesday, after U.S. jobs data worse than investors expected to dim the hopes for economic recovery.
The FTSE index of leading shares in London ditutuplebih low 0.50 percent to 5133, .9 points. In Paris the CAC 40 fell 0.49 percent to 3795.41 points and in Frankfurt DAX index closed 0.67 percent lower at 5675.16.
Companies' payrolls "(payroll) U.S., ADP, said Wednesday that the U.S. private sector cut 254,000 jobs in September, higher than the 200,000 expected by most analysts.
"ADP employment number is far worse than expected, although equity is still a little change," said analyst GFT, David Morrison. "However, it does not bode well for non-farm payrolls data Friday," he added.
Monthly reports the U.S. labor market, Friday, is expected to show another loss of 180,000 jobs and the unemployment rate rose from 9.7 percent today to 9.9 percent.
However, other data from the United States showed a sharp decline in U.S. economic contraction but relaxed confidence.
"Revised GDP rises but traders encourage consumer confidence figures which have prompted investors terrible hurry booked profits ahead of the end of the quarter," said Morrison.
European equities slid on Tuesday was as investors cashed in their profits from the rally other economic optimism, analysts said.
"The market was looking for a fresh impetus to move into one direction," said analyst John Murphy of ODL Securities on Wednesday.
"We're treading water for a moment, with investors appear to be happy with the benefits that have been recorded so far."
Wall Street stocks also retreated for the second consecutive day Wednesday Payroll private sector fell more than expected triggering nervousness in the economic outlook.
Dow Jones Industrial Average dropped 0.83 percent to 9661.42. The Nasdaq technology stocks fell 0.69 percent to 2109.35 and the Standard & Poor's index `s 500 index slipped 0.84 percent to 1051.74.
"Revision of GDP should be encouraging to traders and gives them reason to believe that economic growth in the second half to almost solid. But the idea that recovery can be sustained unemployment began to fade," said Douglas McIntyre of 24 / 7 Wall St..
Elsewhere in Europe, the Amsterdam AEX index fell 0.25 percent to 311.35 points, the Madrid Ibex-35 fell 0.82 percent to 11,756.10 and the Brussels Bel-20 fell 0.21 percent to 2485.62 .
FTSE MiB in Milan fell 0.39 percent to 23,473. Swiss Market Index closed 0.10 percent higher at 6323.18.
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