European stocks fall for seventh day as global mood sours

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

(Reuters) - European shares fell for a seventh consecutive session on Thursday, on track for their longest losing streak in more than five years, ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - European shares fell for a seventh consecutive session on Thursday, on track for their longest losing streak in more than five years, weighed down by twin concerns of a slowing European economy and elevated U.S. interest rates.

Rate-sensitive tech shares dropped nearly 1% as U.S. Treasury yields surged after stronger-than-expected services sector data on Wednesday fuelled concerns that sticky inflation meant interest rates will stay higher for longer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines