European stocks end on a negative note

posted by   boman (125)   1 month ago (www.myiris.com)

European stocks fell on Wednesday, sending the Dow Jones Stoxx 600 Index to its worst three-day retreat since October 1987, on concern a coordinated interest-rate cut by six central banks won`t prevent a global recession.BHP Billiton the world`s biggest mining company sank.Barclays declined almost 2.5% even after British banks got a 50 billion-pound (USD 87 billion) government lifeline and emergency loans from the central bank. Royal Bank of Scotland Group tumbled 39% on speculation it will be