European stocks fell after a rout in Chinese equities rekindled concern that the nation’s economic slowdown will hamper the global recovery.
In the first trading day of the year, the Stoxx Europe 600 Index lost 1.8 percent by 8:05 a.m. in London, with automakers and miners leading slides among industry groups. China’s CSI 300 Index tumbled 7 percent, triggering circuit breakers that halted trading for the rest of the day.
18:41 U.S. home sales hit 10-year high, prices soar15
13:09 JCPenney shuttering up to 140 stores as sales weaken, more sluggish growth seen ahead10
17:21 Stocks mixed after Treasury Secretary points to significant tax reform; industrials lag22
03:04 Alibaba expands into retail market with Bailian deal20