European stocks fall as oil, metal prices extend losses

Published by
Reuters UK

(Reuters) – European shares fell on Thursday, dragged down by energy and mining stocks due to sliding commodity prices on worries about slowing economic growth, with several broker calls also spurring big moves in stocks. The continent-wide STOXX 600 index dropped 1.1% by 0724 GMT, with oil & gas stocks slipping 1.8% as crude prices fell almost 2%. [O/R] Miners shed 2.2% as copper and other metals extended recent declines on growing fears about a recession.[MET/L] Asian stocks struggled and Wall Street ended lower overnight, after Federal Reserve Chair Jerome Powell said the U.S. central bank …

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