(Bloomberg) -- European stocks had their biggest
weekly drop in almost five months on concern difficulties in the
credit market may curb mergers and acquisitions as investors are
shying away from risky debt.
Allianz SE and UBS AG led declines by financial companies.
Anglo American Plc, the world's second-largest mining company,
paced a retreat in mining shares as copper prices fell on
speculation a slump in homebuilding will reduce demand in the
U.S.
Read more at Bloomberg Stocks News
weekly drop in almost five months on concern difficulties in the
credit market may curb mergers and acquisitions as investors are
shying away from risky debt.
Allianz SE and UBS AG led declines by financial companies.
Anglo American Plc, the world's second-largest mining company,
paced a retreat in mining shares as copper prices fell on
speculation a slump in homebuilding will reduce demand in the
U.S.
Read more at Bloomberg Stocks News
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