It's Almost Official: Europe Stocks to Post Worst Year in Decade

Fed Is Not Key Driver of Market Selloff, Commerzbank's Dixon Says
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There’s more than a week to go until the new year, but at this point, it’s almost official: European stocks will post their worst annual performance since 2008.

The Stoxx Europe 600 dropped 0.3 percent as of 3 p.m. in London, taking this year’s loss to 14 percent. Meanwhile, the blue-chip Euro Stoxx 50 is less than 2 percent away from entering a bear market after hitting the threshold earlier in the session.