Stocks dropped on Friday as investors reacted to a shrinking UK economy, a decline in Germany manufacturing output, and a snap election in Italy. The UK economy shrunk by 0.2% in the second quarter, its first contraction since 2012. German exports plunged 8%, marking their steepest decline in three years, while imports slid 4.4%.
Stocks dropped on Friday as investors reacted to a shrinking UK economy, a decline in Germany manufacturing output, and a snap election in Italy. The UK economy shrunk by 0.2% in the second quarter, its first contraction since 2012. German exports plunged 8%, marking their steepest decline in three years, while imports slid 4.4%.
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