Europe Stocks at 7-Week Low While Glencore Leads Miners' Gains
- Retailers Sports Direct, Ocado tumble after financial results
- Greek stocks rebound from lowest levels since June 2012
The Stoxx Europe 600 Falls for a Third Day of Losses
This article is for subscribers only.
A rally in commodity producers failed to lift sentiment in European stocks, which closed lower for a third day.
The region’s shares extended their lowest levels since Oct. 21, with retailers Ocado Group Plc and Sports Direct International Plc plunging after reporting financial results that missed projections. Glencore Plc, on the other hand, jumped 7 percent as the Swiss commodities trader pledged to cut debt further, scale back operations and sell more assets.