European stocks fell to a two-week low Wednesday, with bank shares among the worst performing, as investors questioned whether the new US administration can soon deliver the fiscal and regulatory changes needed to support the “Trump trade", MarketWatch reports.
The Stoxx Europe 600 SXXP dropped 0.9% to 372.50, hovering around its lowest since March 7, as all sectors sank into the red. Financial , industrial and basic material shares were losing the most, while the defensive utilities sector edged down.
