A positive start for Wall Street on Tuesday helped lift European stocks out of deeper losses that had been plaguing bourses earlier, though investors still struggled against an uphill battle of dented confidence and worries about global growth.
Logging its third straight losing session, the Stoxx Europe 600 index lower at 317.58. The index is nearly 6% off its 52-week high of 337.65 on Jan. 21, so not yet in a technical correction like what has been seen in Hong Kong and Tokyo’s major markets. A technical correction occurs when an index is 10% off a recent high.
Logging its third straight losing session, the Stoxx Europe 600 index lower at 317.58. The index is nearly 6% off its 52-week high of 337.65 on Jan. 21, so not yet in a technical correction like what has been seen in Hong Kong and Tokyo’s major markets. A technical correction occurs when an index is 10% off a recent high.