Inflation fears rattle European stocks By Reuters
By Sruthi Shankar (Reuters) -European stocks slid on Thursday, tracking an overnight selloff on Wall Street, as a rapid rise in U.S. inflation spooked investors, while a drop in commodity prices weighed on heavyweight miners. The pan-European STOXX 600 index fell 1.6%, drifting further away from an all-time high. Basic resources and oil and gas sectors, among recent market leaders on the back of a surge in commodity prices, fell about 3%. [MET/L] Automakers also shed more then 3%, while defensive names like healthcare and telecoms posted small losses. The U.S. benchmark S&P 500...
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