Europe Stocks Drop as Traders Return to Market Amid China Rout

January 4, 2016 8:23 AM

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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.

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