(Bloomberg) -- The Euro Stoxx 50 tumbled 1.4 percent on Friday, with the euro-area benchmark set to enter a bear market after losing 20 percent from a peak in November 2017.
The gauge is following other European indexes like Germany’s DAX and Italy’s FTSE MIB which entered a bear market earlier this year amid a global equity market sell-off fueled by trade tensions, politics and mounting worries over the global economy.
To contact the reporter on this story: Jan-Patrick Barnert in Frankfurt at jbarnert3@bloomberg.net
To contact the editors responsible for this story: Blaise Robinson at brobinson58@bloomberg.net, Phil Serafino
