European Stocks Slip as Vodafone Plunges, Banks Weigh

European stocks fell on Tuesday, with losses accelerating after a hotter-than-expected US inflation reading underscored the pressure on central banks and clouded the outlook for equities.

The Stoxx Europe 600 Index slipped 1.0% in London. Technology and retail were the biggest laggards in a broad risk-off move. Only three out of 20 Stoxx 600 sectors ended in the green, including food and beverage as well as healthcare, as investors bid up defensive sectors.