Breaking News: European stocks drop on debt concerns

Monday, September 5, 2011

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Economy/Business News Alert: Breaking News: European stocks drop on debt concerns
September 5, 2011 12:22:27 PM
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European stocks tumbled Monday, with the Stoxx Europe 600 Index posting its biggest two-day drop since March 2009 on investor speculation that support for bailing out Europe's indebted nations may fade.

The Stoxx Europe 600 Index lost 4 percent to 223.86 at the 4:30 p.m. close in London, following Friday's 2.4 percent plunge off of a worse-than-forecast U.S. jobs report. The U.K.'s FTSE 100 Index dropped 3.6 percent and France's CAC 40 Index lost 4.7 percent.

http://link.email.washingtonpost.com/r/RRHKUP/V10Q4U/FSHT4E/P4JPPM/CCN5Q/HK/h

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