European Stocks Close Lower

The video provides an overview of the European trading day, highlighting the decline in the stock 600 index due to risk aversion. It discusses the performance of various industry groups, with commodity producers leading the declines. Zalando's stock saw a significant increase after raising its full-year margin forecast, while Ericsson's shares fell due to disappointing numbers despite cost-cutting measures. Bayer's takeover offer for Monsanto was deemed financially inadequate, though further discussions are possible.

What was the percentage decline of Ericsson shares?

What was Monsanto's response to the $55 billion takeover offer?