European Stocks Retreat on Yield Worries; Renewable Energy Drops
European stocks fell on Thursday as worries over rising bond yields curbed investor appetite for risky assets.
The Stoxx Europe 600 Index dropped 0.6% by the close, following steep declines Wednesday across US markets after a disappointing Treasury auction sent yields surging. Consumer products and autos were the biggest laggards, while the personal care and chemical sectors outperformed.
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