Europe Markets

European stocks continue negative streak, drop for second day

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European stocks fell Wednesday, as the Stoxx Europe 600 index SXXP, -0.43% finished down 0.06% to 455.29.

The FTSE 100 index UKX, -0.38% dropped 0.44% to 7,356.88, the French CAC 40 index PX1, -0.55% fell 0.10% to 7,260.25 and the German DAX DAX, -0.58% gained 0.14% to 15,789.45.

Among Stoxx Europe 600 constituents, technology company Netcompany Group A/S NETC, +0.34% saw the largest drop Wednesday, as shares tumbled 11.1%

Shares of health care/life sciences firm Tecan Group AG TECN, -0.53% and leisure/travel goods company CD Projekt S.A. CDR, +1.72% fell 5.3% and 4.6%, respectively.

Sinch AB SINCH, -1.48%, a technology company, and automotive firm Rheinmetall AG RHM, -0.82% rounded out the top five largest decreases as their stocks declined 4.0% and 3.8%, respectively.

Admiral Group PLC ADM, +0.21%, an insurance company, saw the largest increase among Stoxx Europe 600 constituents, as shares increased 7.2% on Wednesday.

Shares of insurance firm Direct Line Insurance Group PLC DLG, +1.93% and food/beverages/tobacco company Glanbia PLC GL9, +0.84% gained 7.1% and 6.1%, respectively.

Marks & Spencer Group PLC MKS, -0.32%, a retail company, and retail firm HelloFresh SE HFG, -1.23% rounded out the top five largest increases as their stocks rose 4.5% and 4.5%, respectively.

The pound GBPUSD, +0.08% was up 0.33% against the dollar, and the euro EURUSD, +0.08% was down 0.02%. Brent crude BRN00, -0.20% weakened 0.19% to $84.73.

The yield on the 10-year gilt TMBMKGB-10Y, 4.442% increased 5.58 basis points to 4.647%, and the yield on the German 10-year bund TMBMKDE-10Y, 2.603% fell 2.400 basis points to 2.65%.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.