THE WALL STREET JOURNAL: LONDON—European stocks slipped Monday amid concerns that the European sovereign-debt crisis could widen and as the euro tumbled to a fresh four-year low.
Sentiment remained fragile following Friday's disappointing U.S. nonfarm payrolls data, despite the Hungarian government's denial that it is facing a Greek-style debt crisis.
Other factors playing into the uncertainty included a drop in oil prices, a German court considering a ban on the European Union-International Monetary Fund aid packages, and a Group of 20 meeting that has failed to provide any form of relief. European Markets Pare Losses >>> Andrea Tryphonides and Ishaq Siddiqi | Monday, June 07, 2010
