Europe Markets: European stocks end day with losses, driven lower by Daimler and Reckitt Benckiser

European stocks closed lower Monday, dragged down in part by falls for consumer products heavyweight Reckitt Benckiser Group PLC and German automobile maker Daimler AG.

Traders confronted a scarcity of catalysts in what was a relatively quiet day, with equity markets in the U.S. and China closed for holidays.

How markets are moving

The Stoxx Europe 600 index SXXP, -0.63% shed 0.6% to finish at 378.24.

The regional benchmark last week leapt 3.3%, recovering from its recent selloff and notching its best week since December 2016.

On Monday, Germany’s DAX 30 index DAX, -0.53% fell 0.5% to end at 12,385.60, and France’s CAC 40 PX1, -0.48% lost 0.5% to close at 5,256.18.

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