European stocks started September with weakness, even falling for the last few weeks in seven weeks, due to improvements with interest rate hikes and inflation in the region.
The STOXX 600 index closed down 1.80% at 407.66 points, with all European sectors trading lower and the overall index marking its fifth straight day in the territory.
Miners exposed to China also dropped 3.8%.
Defensive roles, which include utilities and telecommunications, saw the smallest of declines.
- In London, the Financial Times index dropped 1.86%, to 7,148.50 points;
- In Frankfurt, the DAX index fell 1.60% to 12,630.23 points;
- In Paris, the CAC-40 index lost 1.48%, to 6,034.31 points;
- In Milan, the Ftse/Mib index appreciated by 1.19%, at 21,302.16 points;
- In Madrid, the Ibex-35 point index dropped 1.0% to 7,806.06;
- In Lisbon, the PSI20 index depreciated by 0.56%, to 5,961.93 points.
Source: CNN Brasil
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