China concerns resurface, weakening European stocks

miércoles 6 de enero de 2016 05:18 GYT
 

* FTSEurofirst 300 down 0.8 percent

* All sectors in negative territory

* Chipmakers knocked by report of Apple production cut

* French advertisers hit by downgrades

By Alistair Smout

LONDON, Jan 6 (Reuters) - European stocks fell on Wednesday, hit by weakness in the commodity sector as concerns over the Chinese economy resurfaced after it allowed the yuan to weaken further and poor services sector data was reported.

The FTSEurofirst 300 was down 0.8 percent at 1,398.76 and has fallen 2.7 percent this week

Declines were broad-based, with all STOXX 600 sectors in negative territory.

However, basic resources stocks, including miners, down 2.2 percent, were the biggest sectoral faller.   Continuación...