Europe Markets

European stocks extend negative streak for third day

Referenced Symbols

European stocks finished down Wednesday, with the Stoxx Europe 600 index SXXP, +0.47% dropping 1.13% to 467.71.

The FTSE 100 index UKX, +0.43% dropped 1.48% to 7,446.29, the French CAC 40 index PX1, +0.47% dropped 1.07% to 7,318.69 and the German DAX DAX, +0.67% fell 0.84% to 16,431.69.

Of the Stoxx Europe 600 constituents, media/entertainment company Viaplay Group AB Series B VPLAY.B, -1.22% saw the largest drop Wednesday, as shares fell 8.6%

Shares of automotive firm Forvia SE FRVIA, +2.42% and retail company Ocado Group PLC OCDO, +1.43% fell 6.9% and 6.2%, respectively.

Kone Oyj B KNEBV, +0.39%, a machinery company, and business Ubisoft Entertainment S.A. UBI, +0.30% rounded out the top five largest decreases as their stocks dropped 5.9% and 5.7%, respectively.

MorphoSys AG MOR, +7.73%, a health care/life sciences company, saw the largest increase of the Stoxx Europe 600 constituents, as shares gained 7.8% on Wednesday.

Shares of business/consumer services firm Atos SE ATO, +2.53% and industrial goods company IMI PLC IMI, +0.53% increased 5.0% and 3.7%, respectively.

BE Semiconductor Industries N.V. BESI, +0.57%, a technology company, and telephone systems company Proximus PROX, +0.46% rounded out the top five largest increases as their stocks gained 3.6% and 3.2%, respectively.

The pound GBPUSD, +0.11% was up 0.22% against the dollar, and the euro EURUSD, +0.19% was down 0.17%. Brent crude BRN00, +0.62% declined 1.32% to $77.26.

The yield on the 10-year gilt TMBMKGB-10Y, 3.806% rose 18.51 basis points to 3.986%, and the yield on the German 10-year bund TMBMKDE-10Y, 2.173% increased 5.660 basis points to 2.32%.

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.