European shares fell on Friday, with Germany leading the losses, as negative indicators about consumer sentiment in the continent’s largest economy worried investors, while US Federal Reserve Chairman Jerome Powell’s tightening tendency raised concerns.
The pan-European Stoxx 600 index fell 1.7%, and closed down 2.6% during the week. The German DAX index fell at the close by 2.3%, with a weekly decline of 4.2%; Which makes it his worst weekly performance in over two months.
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