European Stocks Decline Second Day on U.S. Shutdown, ISM
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European stocks declined for a second day, as a shutdown of the U.S. government continued and a gauge of service-industry activity in the world’s biggest economy fell more than forecast.
Gerresheimer AG lost 2 percent as Credit Suisse Group AG lowered its recommendation on the shares. Schneider Electric SA fell 3.2 percent. Aviva Plc advanced 1.4 percent as the insurer said it generated $2.6 billion from the sale of its U.S. business. BP Plc rose 1.1 percent after a U.S. appeals court ordered a reconsideration of key terms of a settlement in the 2010 Gulf of Mexico oil spill case.