Economics

European Stocks Decline as Commodity, Leisure Companies Retreat

  • Dollar gains after Fed's Williams talks up rate rise chances
  • Wincor Nixdorf advances on Diebold takeover agreement
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Concerns over the strength of the global economy took over once again, dragging European stocks down from a three-month high.

The Stoxx Europe 600 Index dropped 0.4 percent at the close of trading in London, paring losses of as much as 0.9 percent. Miners fell with metals as the prospect of a U.S. rate increase sent the dollar higher.