European Stocks Slip After Reaching Bear Market as Risks Build

Goldman, BlackRock Turn Bearish on Stocks
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European equities edged lower after sliding into a bear market on Friday, as investors continue to weigh the increasing risk of a major economic downturn.

The Stoxx Europe 600 fell 0.4% by the close in London. Utilities and real estate were laggards while travel and leisure outperformed.