Europe Markets

European stocks drop for second session

Referenced Symbols

European stocks finished down Wednesday, with the Stoxx Europe 600 index XX:SXXP dropping 0.86% to 474.40.

The French CAC 40 index FR:PX1 dropped 1.58% to 7,411.86, the German DAX DX:DAX declined 1.38% to 16,538.39 and the FTSE 100 index UK:UKX fell 0.51% to 7,682.33.

Among Stoxx Europe 600 constituents, retail company Auto1 Group SE XE:AG1 saw the largest drop Wednesday, as shares tumbled 11.8%

Shares of road/rail transport firm Alstom S.A. FR:ALO and machinery company VAT Group AG CH:VACN declined 9.9% and 7.7%, respectively.

Ashmore Group PLC UK:ASHM, an investing/securities company, and leisure/arts/hospitality business Carnival PLC UK:CCL rounded out the top five largest decreases as their stocks declined 7.5% and 6.8%, respectively.

A.P. Moeller-Maersk A/S Series B DK:MAERSK, a transportation/logistics company, saw the largest increase of the Stoxx Europe 600 constituents, as shares rose 5.1% on Wednesday.

Shares of health care/life sciences firm Novartis AG CH:NOVN and technology company Delivery Hero SE XE:DHER gained 4.2% and 3.3%, respectively.

Centrica PLC UK:CNA, a company, and health care/life sciences company Roche Holding AG CH:ROG rounded out the top five largest increases as their stocks added 3.2% and 3.0%, respectively.

The pound GBPUSD was up 0.17% against the dollar, and the euro EURUSD was down 0.28%. Brent crude UK:BRN00 rose 2.77% to $77.99.

The yield on the 10-year gilt BX:TMBMKGB-10Y fell 0.56 basis points to 3.640%, and the yield on the German 10-year bund BX:TMBMKDE-10Y declined 4.580 basis points to 2.02%.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.