European shares fell Tuesday amid declines in auto and travel stocks, while a speech from the European Central Bank President Mario Draghi sent the euro and government bond yields higher. The basic resources sector also rose following a stabilization in iron-ore prices and gains in crude oil futures, gold and copper prices. Photo: dean lewins/European Pressphoto AgencyIn U.S. premarket trading, shares of oil-and-gas companies advanced, but futures pointed to a 0.1% opening decline for the S&P 500 as a whole. Shares of Alphabet Inc. GOOGL -1.42% were down over 1% after the European Union’s antitrust regulator fined Google €2.42 billion ($2.71 billion) for favoring its own comparison-shopping service in search results. Australian equities were 0.1% lower as gains among major banks and miners were offset by declines elsewhere, particularly in utilities and consumer shares.
Source: Wall Street Journal June 27, 2017 03:02 UTC