European Stocks Drop as US Job Market Cools; Defense Shares Fall
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000European stocks fell as data showed a continued cooling in the US labor market. Defense stocks dropped after US negotiators offered Kyiv significant security guarantees.The Stoxx Europe 600 Index was down 0.5% at the close. Germany’s Rheinmetall AG, the defense sector’s bellwether, dropped 4.5%, while Italy’s Leonardo SpA fell 3.9%.