European shares tumble to lowest level in 15 months on growth concerns
Shares slid to their lowest level since October 2014
European shares declined to their lowest level since October 2014 as investors fretted over global growth prospects.
The Stoxx Europe 600 Index slid 2.4 per cent to 317.96 at 10:02 a.m. in London, heading for a sixth day of losses and its longest losing streak since June. It is trading at about 14 times estimated earnings, and about 19 per cent below its April 2015 peak. A gauge tracking equity swings has jumped ...
