European Stocks Plummet to Seven-Month Low Amid Geopolitical Concerns and High Yields
TL;DR Summary
European stocks closed at a seven-month low, with the pan-European Stoxx 600 index falling 1.16%, its lowest close since March 15. The London Stock Exchange limited trading after an "incident" and investigated the matter. Renault shares dropped 7% after missing revenue expectations, while Nestle shares dipped 2% due to lower-than-expected sales. Nokia announced job cuts and saw its shares decline by 2%.
- European stocks close at seven-month low; London exchange limits trading after 'incident' CNBC
- European shares drop to seven-month low on geopolitical, rate jitters Reuters
- European stocks mark lowest close since start of the year; UK 30-year yield at highest since 1998 CNBC
- Wall St slides as Treasury yields stay high, Middle East worries mount By Reuters Investing.com
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