European stocks fall more than 1 percent amid rising trade war fears [CNBC]
SHIRE (SHPG)
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Source: CNBC
European stocks posted sharp losses on Wednesday afternoon, as resurgent trade worries worsened investor fears about global economic growth. The pan-European Stoxx 600 slipped 1 percent during deals, with the majority of regional sectors trading in negative territory. All major bourses were sharply lower. Symbol Name Price Change %Change Volume FTSE --- DAX --- CAC --- Europe's construction and material stocks were among the worst performers, down more than 1.75 percent amid growing trade war concerns. France's Saint-Gobain sank over 3 percent after J.P. Morgan cut its stock recommendation to neutral from overweight. Another industry to lead the losses was insurance, which was down 1.75 percent. Looking at individual stocks, Britain's Hargreaves Lansdown tumbled over 4 percent after Morgan Stanley cut its stock recommendation to underweight from equal-w
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