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European Shares Retreat As US Bond Yields Surge

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European shares fell from near one-year highs on Wednesday as concerns about inflation tempered optimism over swifter economic recovery.

The pan European Stoxx 600 dropped 0.4 percent to 417.41 after ending little changed with a negative bias on Tuesday.

The German DAX fell 0.7 percent, France's CAC 40 index slipped 0.2 percent and the U.K.'s FTSE 100 was down 0.3 percent.

Rio Tinto shares surged 4.1 percent. The miner rewarded investors with the biggest dividend in its history after reporting its biggest annual profit in nine years.

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Global Economics Weekly Update - Jun 08-12, 2026

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