European Market Updates

European Shares Extend Declines On Economic Worries

European stocks fell on Tuesday as rising COVID case counts in several regions fueled talks of another round of painful lockdowns in China, especially in Shanghai or Beijing.

Investors also fretted about a worsening energy crisis in Europe. A major gas pipeline from Russia to western Europe shut down for annual maintenance on Monday and is scheduled to be out of action until July 21.

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by RTTNews Staff Writer

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