Sunday October 25, 2020

European stocks fall for third consecutive day

Stoxx Europe 600 Index slumps as oil dips below $28 a barrel

18th January, 2016
Taking stock Pic: Getty

European shares fell for a third day, led by losses in banks as investors shrugged off gains for energy companies and makers of household goods.

The yen weakened as China stepped up efforts to curb foreign speculation against its currency, and crude oil fell after touching a 12-year low.

The Stoxx Europe 600 Index fell to its lowest level in more than a year, with banks declining on concern the quality of their assets may...

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