Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
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June 15 (Reuters) - European shares tumbled on Monday as
concerns of a second wave of coronavirus infections grew with
Beijing reporting a record number of new cases, while
underwhelming economic data from China also weighed on
sentiment.
The pan-European STOXX 600 .STOXX fell 2.4%, slipping
further from its 5.7% fall last week, with the exporter-heavy
German index .GDAXI leading declines.
Global stock markets also began the week on a glum note as
the recent outbreak in Beijing, which has been traced to a
wholesale food market, revived fears of the economic damage from
the health crisis. MKTS/GLOB
Among stocks, BP BP.L slid 5% as it said it would incur an
up to $17.5 billion writedown in the value of its assets after
lowering its long-term oil and gas price outlook in expectation
of an accelerated transition away from fossil fuels.