European Stocks Enter Correction As Bank-Battering Continues

Europe’s Stoxx 600 index is now down over 10% from its January highs, officially entering correction…

As (major exporter) Germany leads the drop this month…

 

And bank stocks continues to get battered…

Though we note that the last two weeks have seen US banks underperform EU, as credit risk spikes on global funding stress…

 

 

 

via RSS https://ift.tt/2GfyAzZ Tyler Durden

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