BLOOMBERG Bloomberg Markets European Close August 17, 2017
Just under 30 minutes to the close of trading. The stoxx 600 snapping three days of gains, the longest run in a month for europes equity benchmark. Financials leading the losses. Part of that driven by lower bond yields we were seeing earlier in the session. Most Industry Groups in the red and in the green, you do have utilities outperforming. I will about metals in just a moment, but first, a great chart showing european docs. The pricetobook ratio compared to the s p 500 pricetobook, european stocks are at their cheapest versus u. S. Stocks on record by this measure at least. That is somethi...