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European Stocks Suffer Biggest Loss Since November as Bond Selloff Prompts Caution


Wednesday, 31 January 2018 00:25 WIB

Stoxx 600SahamEropa


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European stocks fell Tuesday, tracking losses across global markets, as investors grew increasingly concerned about a sharp rise in U.S. bond yields and its impact on the cost of borrowing.

Heavily-weighted oil companies led the decliners, as crude-oil prices came under pressure.

The Stoxx Europe 600 index fell 0.9% to close at 396.12, posting its biggest one-day percentage loss since Nov. 9, according to FactSet data.

Germany’s DAX 30 index dropped 1% to 13,197.71, while France’s CAC 40 index dropped 0.9% to 5,473.78. The U.K.’s FTSE 100 index fell 1.1% to 7,587.98.

Source : Marketwatch


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