BLOOMBERG.COM
European stocks fell and the pound slid as reports showed the first signs of economic weakness in the wake of the U.K. vote to leave the European Union. The Stoxx Europe 600 Index retreated for a second day after the euro area’s service sector cooled in July while the pound dropped for the first time in three days after business activity in Britain shrank at its fastest pace since the financial crisis. A gauge of commodities fell for a sixth day. The dollar gained.
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European stocks fell and the pound slid as reports showed the first signs of economic weakness in the wake of the U.K. vote to leave the European Union. The Stoxx Europe 600 Index retreated for a second day after the euro area’s service sector cooled in July while the pound dropped for the first time in three days after business activity in Britain shrank at its fastest pace since the financial crisis. A gauge of commodities fell for a sixth day. The dollar gained.
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