The index witnessed the largest one-day decline since May in the previous session, after it joined the index European Central Bank To the US Federal Reserve in saying that tightening monetary policy will continue despite the risks that this poses to the economy.
Telecom and retail stocks led losses today, Friday, among the major sectors listed on the STOXX 600. Banking shares, which are sensitive to the economic outlook, rose 0.1 percent after falling sharply in the past week.
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retreat Stoxx 600 indicator The European Union rose 0.2 percent to a new low, the lowest in a month, recording 427.96 points by 0813 GMT, and is expected to incur a weekly loss of 2.4 percent.
The index witnessed the largest one-day decline since May in the previous session, after it joined the index European Central Bank To the US Federal Reserve in saying that tightening monetary policy will continue despite the risks that this poses to the economy.
Telecom and retail stocks led losses today, Friday, among the major sectors listed on the STOXX 600. Banking shares, which are sensitive to the economic outlook, rose 0.1 percent after falling sharply in the past week.