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European stocks fall but factory activity stays strong

WPP shares fall 10% after ad giant cuts revenue growth view

Wednesday 23 August 2017 at 08:42

European stocks fall but factory activity stays strong

European stocks slipped Wednesday, with investors assessing fresh data on the health of the eurozone economy, as they counted down to a key meeting of central bankers, MarketWatch reports.

The Stoxx Europe 600 index fell 0.2% to 375.12, led by losses for the consumer services, and oil and gas groups. But tech and utility shares were among the advancing sectors. The benchmark on Tuesday jumped 0.8%, ending a three-session losing streak.