(Bloomberg) -- European stocks posted the biggest
decline in more than two months on expectations the European
Central Bank will keep raising interest rates.
E.ON AG and Iberdrola SA led a drop by utilities, while BNP
Paribas SA and Spain's Banco Popular Espanol SA pushed banking
shares lower. Thales SA, Europe's largest defense-electronics
company, fell after Societe Generale SA downgraded the stock.
Read more at Bloomberg Stocks News
decline in more than two months on expectations the European
Central Bank will keep raising interest rates.
E.ON AG and Iberdrola SA led a drop by utilities, while BNP
Paribas SA and Spain's Banco Popular Espanol SA pushed banking
shares lower. Thales SA, Europe's largest defense-electronics
company, fell after Societe Generale SA downgraded the stock.
Read more at Bloomberg Stocks News
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