US Close 7 Jul 16: More pressure on European markets while Us investors focused on the FED
CommSec

US Close 7 Jul 16: More pressure on European markets while Us investors focused on the FED

2016-07-07
European shares fell on Wednesday, with financial stocks bearing the brunt of the selling. Investor concerns on the uncertainty of the UK's decision to leave the European weighed on sentiment. The STOXX Europe 600 banking index fell 2.6% to its lowest closing level since November 2011. Shares in Deutsche Bank and Credit Suisse touched record lows. The FTSEurofirst 300 index fell by 1.6%, the German Dax fell 1.7%, while the UK FTSE fell by 1.3%. In London trade, shares in BHP Billiton fell 0.3% while Rio Tinto rose ...
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