LONDON ( The Deal) -- European stock indices failed to break a four-day losing streak on Thursday, while Asian markets ended largely in positive territory ahead of U.S. data on personal spending and jobless claims.
The FTSE 100 in London slipped down 0.06% to 6,729.32. In Frankfurt, the DAX was down 0.03% at 9,864.96 and in Paris the CAC 40 edged up 0.03% to 4,461.94.
After disappointing revisions to U.S. GDP data for the first quarter on Wednesday, Thursday's data is seen likely to paint a brighter picture. May data on personal spending is expected to show an improvement from April, when spending dropped, while initial weekly jobless claims are expected to have fallen in the week to June 20. Both sets of data are out at 8.30 a.m. EDT.
In London, Bank of England Gov. Mark Carney explained new measures to calm Britain's frothy housing market in a press conference accompanying the bank's semi-annual financial stability report.
Also in London, Barclays (BCS) plunged more than 5% on news the New York state regulator is suing it over claims it falsified marketing material to lure investors into its dark pools. Barclays said it "noted" the complaint filed by the New York State Attorney General and promised an update "if appropriate, in due course."
Banking peer Standard Chartered fell almost 5% after warning of a 20% decline in first-half profit because of bad loans.
London Stock Exchange rose more than 7% after it announced an agreement to buy fund manager and index provider Frank Russell, of Seattle, for $2.7 billion from Northwestern Mutual Life Insurance. London Stock Exchange plans to sell $1.6 billion of shares to help finance the deal.