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Home International Markets

European stocks tumble at end of trade, Stoxx Europe 600 falls 3.3%  

byCustoms Today Report
22/08/2015
in International Markets
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ROME: European stocks fell into correction territory Friday, enduring their worst week of the year as downbeat Chinese data and Greek uncertainty weighed.

The Stoxx Europe 600 SXXP, -3.26%  fell 3.3% to close at 361.28. The pan-European index is down 12.7% from its all-time high of 414.06, hit on April 15. A loss of 10% or more from a recent high is often labeled as a correction.

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