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European stocks near two-month lows as euro rises

There are worries the European Central Bank may start winding down monetary stimulus

European stocks near two-month lows as euro rises

European stocks dropped Wednesday, pulled down by a rising euro, which looked headed for its highest level in a year on worries the European Central Bank may start winding down monetary stimulus, MarketWatch reports.

The Stoxx Europe 600 gave up 0.8% to 382.84, on track for its lowest close since April 21, FactSet data showed. All sectors fell, with tech, utilities and basic materials losing the most.

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