European Stocks Fell, Led by Mining And Travel Sectors

European stocks fell on Wednesday, March 10, after rising close to pre-pandemic levels yesterday, as concerns about rising inflation kept investors anxious, and mining and travel stocks led the decline.

The European Stoxx600 index fell 0.3%, after hitting its highest level since late February 2020 on Tuesday.

Shares in economically sensitive sectors led to the decline in Europe, such as mining, travel, entertainment, and industrial companies, while telecom and real estate stocks rose.

Meanwhile, data showed that delivery prices of Chinese factory gates rose at the fastest pace since November 2018 in February.