European shares fall as banks hit 3-month low
The pan-European STOXX 600 declined 0.8% to 625.44 by 0833 GMT, with banks sliding to a more than three-month low amid a fresh bond selloff and higher oil prices.
Story updates
09:10:54 AM UTC
SquawkNews
STOXX NEAR 4-MONTH LOW, PARIS DOWN 12% FROM AUGUST RECORDEuropean shares are down sharply for a second day on Thursday as a fresh surge in oil prices pushed bond yields higher, fuelling concerns about euro zone sovereign spreads and the region's fiscal outlook.While borrowing costs remain a touch b…