- European markets mostly lower- DSG shares slump after profit warning- Ford confirms Tata as frontrunner for Jaguar, Land Rover- German unemployment falls more than expected Karen Noack reports.
Market activity remained relatively quiet with Japan investors still on holiday, but commodities and China`s airline sector kept investors cautious about the year ahead.
* Markets begin new year on down note* Gold hits record on buoyant day for commodities* German employment hits post-reunification peak* UK mortgage bank stock up on news of talks
Market
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A market is a social arrangement that allows buyers and sellers to discover information and carry out a voluntary exchange of goods or services. It is one of the two key institutions that organize trade, along with the right to own property. In everyday usage, the word "market" may refer to the location where goods are traded, sometimes known as a marketplace, or to a street market.