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Stockreport

UPDATE 1-European share declines limited after another Wall Street sell-off [Reuters (UK)]

ROYAL DUTCH SHELL (RDS.B)  More Company Research Source: Reuters
US:NYSE Investor Relations: shell.com/investors.html
PDF European share declines limited after another Wall Street sell-off | Reuters 3 Min Read LONDON (Reuters) - European shares posted limited losses on Friday morning after a fresh sell-off on Wall Street, which has now entered a correction with the benchmark S&P 500 and Dow industrials falling more than 10 percent from their Jan. 26 record highs. Europe’s STOXX 600 share index fell 0.2 percent by 0900 GMT with most European bourses trading flat or in negative territory. The index had already fallen 1.6 percent on Thursday, with declines accelerating towards the end of the trading day. So far this year the pan-European benchmark is down over 4 percent. “It would appear that the brief respite for stocks seen in the middle of the week turned out to be the eye of the storm as once again rising bond yields prompted a further bout of selling across the board, not only in the U.S. last night but in Asia again this morning”, said Michael Hewson, chief market analyst at CMC Markets. Utilities sto [Read more]

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