Thursday, June 21, 2007

European Stocks Drop; Societe Generale, Tesco, Nokia Lead Decline

(Bloomberg) -- European stocks fell the most in two
weeks as rising bond yields in the U.S. pushed banks, insurers
and retailers lower.

The gain in yields ``has made stocks look less attractive,''
said Kevin Gardiner, head of global equity strategy at HSBC Bank
Plc. ``Stay clear from consumers in the U.S. and the U.K.''


Read more at Bloomberg Stocks News

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