European stocks fall 1% on growth worries

  • 9/8/2021
  • 00:00
  • 5
  • 0
  • 0
news-picture

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Sept 8 (Reuters) - European stocks fell on Wednesday as worries about slowing global growth weighed on sentiment, while investors looked ahead to a European Central Bank meeting for hints on tapering plans. The Europe-focussed STOXX 600 index fell 1% by 0712 GMT - on course for its biggest daily decline in three weeks - after losses overnight on Wall Street’s benchmark S&P 500 and Asian stocks. Swedish investment company EQT fell 5.9% after a share placing deal, while Stellantis dropped 2.5% after Dongfeng Motor Hong Kong said it had sold shares in the carmaker for about 600 million euros ($710 million). French drugmaker Sanofi slipped 1.4% after it agreed to buy U.S. biopharmaceutical company Kadmon Holdings Inc in a $1.9 billion deal. British industrial technology company Smiths Group rose 3.8% after it agreed to sell its medical unit to U.S.-based ICU Medical Inc for $2.4 billion. (Reporting by Sruthi Shankar in Bengaluru; Editing by Saumyadeb Chakrabarty) Our Standards: The Thomson Reuters Trust Principles.

مشاركة :