(Bloomberg) -- European stocks dropped this week as
rising borrowing costs heightened concern profit growth in the
region will slow. Benchmarks were little changed today.
Allianz SE, the region's biggest insurer, and bank Barclays Plc
led declines by companies most sensitive to rising interest rates.
BHP Billiton Ltd. led mining shares lower as copper slid. BNP Paribas
SA limited the drop after Les Echos said Societe Generale SA is
studying a possible bid for its larger banking rival.
Read more at Bloomberg Stocks News
rising borrowing costs heightened concern profit growth in the
region will slow. Benchmarks were little changed today.
Allianz SE, the region's biggest insurer, and bank Barclays Plc
led declines by companies most sensitive to rising interest rates.
BHP Billiton Ltd. led mining shares lower as copper slid. BNP Paribas
SA limited the drop after Les Echos said Societe Generale SA is
studying a possible bid for its larger banking rival.
Read more at Bloomberg Stocks News
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