Europe Markets

European stocks decline for first time in two days

Referenced Symbols

European stocks finished down Tuesday, with the Stoxx Europe 600 index SXXP, -0.44% decreasing 0.23% to 458.60.

The German DAX DAX, -0.59% fell 1.10% to 15,774.93, the French CAC 40 index PX1, -0.57% weakened 0.69% to 7,269.47 and the FTSE 100 index UKX, -0.37% weakened 0.36% to 7,527.42.

Among Stoxx Europe 600 constituents, investing/securities company abrdn PLC ABDN, -0.73% saw the largest drop Tuesday, as shares plunged 11.7%

Shares of banking/credit firms FinecoBank S.p.A. FBK, -3.86% Banco BPM S.p.A. BAMI, -0.32% dropped 9.9% and 9.1%, respectively.

Banking/Credit companies Intesa Sanpaolo S.p.A. ISP, +0.08% and UniCredit S.p.A. UCG, -0.58% rounded out the top five largest decreases as their stocks weakened 8.7% and 5.9%, respectively.

Novo Nordisk A/S Series B NOVO.B, +0.61%, a health care/life sciences company, saw the largest increase of the Stoxx Europe 600 constituents, as shares surged 17.3% on Tuesday.

Shares of investing/securities firm Quilter PLC QLT, -0.80% and industrial goods company Gerresheimer AG GXI, -1.12% jumped 13.4% and 10.7%, respectively.

Idorsia Ltd. IDIA, +1.91%, a health care/life sciences company, and health care/life sciences company Ipsen IPN, +0.92% rounded out the top five largest increases as their stocks rose 5.0% and 4.2%, respectively.

The pound GBPUSD, +0.11% was down 0.42% against the dollar, and the euro EURUSD, +0.07% was down 0.47%. Brent crude BRN00, -0.21% fell 0.15% to $85.21.

The yield on the 10-year gilt TMBMKGB-10Y, 4.441% fell 7.19 basis points to 4.386%, and the yield on the German 10-year bund TMBMKDE-10Y, 2.603% declined 13.070 basis points to 2.47%.

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.