News

European stocks fall as oil price continues to slump

A slowdown in growth for the eurozone's manufacturing and services sectors also hit shares on Friday

European stocks fall as oil price continues to slump

Equities in Europe lost ground on Friday, as energy shares extended losses in what’s been a dreadful week for oil prices, while investors assessed mixed signals about the eurozone economy, MarketWatch reports.

The Stoxx Europe 600 shed 0.2% at 387.83. All sectors fell, led by oil and gas, consumer goods and healthcare shares. The pan-European benchmark was on course for a weekly pullback of 0.2%, and that would mark a third consecutive losing week.

WSJ Logo