European stock markets moved lower on Wednesday, pulling back after their biggest rally in eight months, as investors waited for a batch of economic data from both Europe and the U.S. In the morning, the U.K. services PMI and the second estimate of euro-zone GDP are out, followed by the U.S. ADP jobs report in the afternoon. The Stoxx Europe 600 index XX:SXXP -0.02% fell 0.2% to 336.41, after jumping 2.1% on Tuesday. The prior-day solid move came as tensions between Ukraine and Russia appeared to ease after Russia called back troops to their bases. Among notable movers in Europe on Wednesday, Adidas AG DE:ADS -0.43% fell 2.1% and Legal & General Group PLC UK:LGEN -2.04% lost 1.4% after reporting full-year earnings. The U.K.'s FTSE 100 index UK:UKX -0.24% slipped 0.2% to 6,809.11, Germany's DAX 30 index DX:DAX -0.08% dropped 0.2% to 9,568.41 and France's CAC 40 index FR:PX1 -0.18% fell 0.2% to 4,387.28.
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