Modupe Gbadeyanka
By Investors Hub
European stocks have moved modestly lower on the day as investors look ahead to a heavy run of data due this week and a possible U.S. Senate vote on proposed tax changes.
While the French CAC 40 Index has fallen by 0.3 percent, the U.K.’s FTSE 100 Index and the German DAX Index are both down by 0.2 percent.
Belgian supermarket firm Colruyt has shown a notable move to the downside after Deutsche Bank cut its price target on the stock.
Swiss private bank Julius Baer Group has also tumbled after CEO Boris Collardi resigned from his position.
British education group Pearson has fallen after it agreed to sell its language-teaching unit Wall Street English for $300 million.
Meanwhile, Aviva shares have rallied following reports that the insurer will likely spend 1 billion pounds on a share buyback.
Consumer goods giant Unilever has also advanced after the company said it has started its search for a successor to Chief Executive Officer Paul Polman.
