European stocks mark worst fall in two weeksReutersEuropean stocks slipped on Friday as US employment data pointed toward slowing growth in the world’s largest economy, with retail and travel stocks exposed to US markets suffering the most. The pan-European STOXX 600 slipped 0.6 percent, marking its worst fall in two weeks after data showed that the US economy created the fewest jobs in seven month last month. Retail stocks were among the worst performers for the day, dropping 0.9 percent. The laggard US data were attributed to a rise in the highly contagious Delta variant of SARS-CoV-2. The European Central Bank is to meet next week amid calls from several hawkish members to slow down its pandemic-era purchases program.

Source: Taipei Times September 04, 2021 15:56 UTC