European Stocks Plunge to Two-Year Low as Shock Waves Spread

(Bloomberg) -- European equities slumped to the lowest since December 2016, led by technology and mining shares, as U.S. futures tumbled amid renewed trade war concerns.

The Stoxx Europe 600 Index fell 2 percent at 10:48 a.m. CET, with all sectors in the red.

Investors sold off equities as the arrest of the chief financial officer of tech giant Huawei Technologies Co. fueled concerns about U.S.-China tensions.

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