European Stocks Tumble as Greek Shares Fall to Lowest Since 1990
- Broad selloff sends almost 590 of Stoxx 600 shares retreating
- All western-European markets fall; DAX at lowest since 2014
Stoxx 600 Slides for a Sixth Day, Declines 3.2%
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The rout fueled by concern over the strength of the economic recovery took European stocks to their lowest levels in more than a year, with Greek shares again suffering the most.
The Stoxx Europe 600 Index slid 3.5 percent to 314.36 at the close of trading and Greece’s ASE Index plunged to its lowest level since 1990. No industry or market in western Europe was spared. While Greek lenders extended a record low, banks in the region dropped to their lowest levels since 2012.