European Stocks Decline as FTSE 100 Ends Record Winning Streak
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European stocks fell on concern Britain will quit the European Union’s single market and as U.S. President-elect Donald Trump suggested other countries could follow the U.K. out of the bloc.
The Stoxx Europe 600 fell 0.8 percent at the close, after Friday’s biggest rise in a month. The U.K.’s FTSE 100 lost 0.2 percent, ending a streak of 14 straight advances and 12 consecutive all-time highs. Its losses were limited by gains in exporters as as the pound tumbled ahead of U.K. Prime Minister Theresa May’s speech on Brexit plans on Tuesday.