Bloomberg News

European Stocks Little Changed, U.S. Futures Rise; ASML Slides

July 13, 2011

July 13 (Bloomberg) -- European stocks were little changed, halting three days of losses for the benchmark Stoxx Europe 600 Index, as Moody’s Investors Service downgraded Ireland’s debt to junk, offsetting Chinese economic growth that beat forecasts. U.S. index futures and Asian shares advanced.

ASML Holding NV tumbled 6 percent after Europe’s biggest semiconductor-equipment maker reported second-quarter orders that missed its own forecast. Carrefour SA fell 1.4 percent as the world’s second-largest retailer by sales posted second- quarter sales growth that trailed analysts’ estimates.

The Stoxx 600 rose less than 0.1 percent to 268.24 at 8:18 a.m. in London.

To contact the editor responsible for this story: Will Hadfield at

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