Europe's Stoxx 600 Falls 13% From April High, Enters Correction
European Shares Head for a Correction
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A three-day selloff culminated in Europe’s benchmark equity gauge falling 13 percent from its record.
The Stoxx Europe 600 Index entered a correction, following the U.K.’s FTSE 100 Index on Thursday. Thirteen out of 18 western-European markets have lost 10 percent or more from their highs, with Germany’s DAX Index down 18 percent.