European stocks close lower as oil, yields and rate-hike fears weigh
European stocks closed broadly lower on Wednesday, extending losses. Sentiment was pressured by higher oil prices, rising bond yields, worries over geopolitical tensions and prospects for interest-rate hikes by major central banks.
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks closed broadly lower on Wednesday, extending recent losses, as higher oil prices, rising bond yields, worries about geopolitical tensions and prospects of interest rate hikes by major central banks continued to weigh on sentiment.Oil prices moved…