STOXX 600 drops as autos and telecoms lead sell-off
Europe’s STOXX 600 tumbled on Friday in broad losses led by automobile and telecom shares, after a week marked by retreating oil prices and central bank interest-rate decisions.
Europe's STOXX 600 fell on Friday as losses spread across the index, with automobile and telecom shares leading the decline. The pan-European index TVC:SXXP fell and posted a weekly drop in a week shaped by retreating oil prices and interest-rate decisions from major central banks.