European Stocks, Euro Lower; French Bonds Sell Off
European shares are down in early trading, part of a broad cross-asset selloff. The euro has fallen to its lowest in 16 months against the pound, and French bond spreads have widened again.
European shares are lower in early trading as part of a broad cross-asset selloff. The euro has fallen to its lowest in 16 months against the pound, while French spreads have widened again. Stock-specific developments include weakness in the chip complex.