(Bloomberg) — European equities slid again after slumping the most since March last week on lingering concerns about a second wave of infections and the pace of economic recovery.The Stoxx Europe 600 Index declined 1% as of 10:30 a.m. in London, paring an earlier drop of as much as 2.6%. Cyclical sectors such as travel, miners and oil sectors led losses, while defensives including health-care shares outperformed.The rally that saw European stocks rise more than 30% from March lows came to a halt last week as Covid-19 cases picked up in more than 20 U.S. states. Value and cyclical stocks …read more
Source:: Yahoo Finance
