China-Led Concern Drags European Stocks to Lowest in Six Weeks
European Car, Chemical Companies Fall Over 1.8%
This article is for subscribers only.
European stocks succumbed to fears of a slowing Chinese economy, with exporters leading the losses.
The Stoxx Europe 600 Index gave up two-days of gains, slipping 1.8 percent to 381.31 -- its lowest level in six weeks -- at the close of trading. Automakers and chemical companies retreated more than 2.4 percent, while a gauge of commodity producers closed at its lowest level since 2009.