European markets react as U.S. sees rate induced sell-off

Written by on September 29, 2021

LONDON — European stocks advanced on Wednesday, looking to shrug off market nerves after a rate-induced sell-off in the U.S. in the previous session.

The pan-European Stoxx 600 climbed 0.8% in early trade, with retail stocks adding 1.2% to lead gains while oil and gas stocks dropped 0.8%.

Europe investors are closely watching movements in U.S. markets after the Nasdaq Composite dropped 2.83% to 14,546.68 on Tuesday to record its worst day since March. The S . . .



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