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Markets ignore best European factory data in 17 years

Reuters  |  LONDON/MILAN 

By Georgina Prodhan and Danilo MasoniLONDON/MILAN (Reuters) - European shares fell on Friday despite strong euro zone factory data, after a delay to a keenly awaited U.S. tax reform bill curbed appetite for the dollar and was set to cool a rally on Wall Street.Euro zone shares, which started to accelerate losses about half an hour before the release of the data, fell as much as 1.2 percent to session low before stabilising down about 0.7 percent. A purchasing managers' index showed that euro zone factories had their busiest month for more than 17 years in November and raised prices at the ...

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First Published: Fri, December 01 2017. 18:36 IST