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Europe’s Stoxx 600 at two-week low in broader market decline

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Utilities, retail and telecommunications were the worst-hit sectors, down between 1.6 per cent and 2.2 per cent

Wall Street’s main stock indexes rose on Friday after a strong jobs report that also suggested easing wage pressures. Photograph: Getty

. Benchmark indexes across all major European economies such as Germany, France, Italy and Spain fell over 1 per cent each. Back home data showed euro zone retail sales dropped 0.7 per cent on an annual basis, less than the 1.3 per cent decline expected by economists polled by Reuters.dropped 1 per cent after it announced all proxy advisers were now against the complete replacement of the Swiss firm’s board of directors.lost 0.5 per cent after the Swiss building materials company said it will buy Tensolite, which makes and distributes precast concrete systems in South America.shed 0.

 

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