European Stocks, Euro Sink as Energy Woes Worsen: Markets Wrap

European Stocks, Euro Sink as Energy Woes Worsen: Markets Wrap

Business
September 5, 2022 by secret
224
[ad_1] (Bloomberg) — European stocks slumped and the euro fell Monday as the region’s worsening energy crisis added to risks for a global economy already facing high inflation and a wave of monetary tightening. Most Read from Bloomberg The Stoxx Europe 600 Index fell 1.5%. Energy stocks outperformed, while technology, construction and chemicals were laggards.