Economics
Europe Stocks Have Worst Week in Two Months on Growth Concerns
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- Syngenta jumps on Friday on news it's getting a new bid
Biggest European Stocks Decline in Over Two Months
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Worse-than-forecast data on euro-area growth, coupled with lingering concern about a Federal Reserve rate increase, dragged European stocks to a three-week low.
The Stoxx Europe 600 Index fell 0.8 percent at the close of trading in London, with three-fourths of its shares down, as data showed euro-area gross domestic product in the third quarter increased less than economists had forecast. The measure lost 2.7 percent this week, the most since the beginning of September.