European Market Updates

European Shares Slide On Growth Worries

European stocks hovered near one-week lows on Tuesday, as a climb in Treasury yields, surging oil prices and weak industrial profits data from China stoked worries about the economic recovery.

Goldman Sachs has cut its forecasts for China's economic growth in 2021 as constraints on energy consumption added to headwinds facing the world's second-largest economy.

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by RTTNews Staff Writer

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