Stocks Lose Steam, Bond Markets Suggest Pain Ahead for US Economy

Stocks Lose Steam, Bond Markets Suggest Pain Ahead for US Economy
A man wearing a protective mask, amid the COVID-19 outbreak, is reflected on an electronic board displaying stock prices outside a brokerage in Tokyo, Japan on Sept. 21, 2021. Kim Kyung-Hoon/Reuters
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LONDON—European shares fell on Wednesday after three straight days of gains, as signs in bond markets of pain ahead for the U.S. economy tempered hopes of a negotiated end to the Ukraine conflict.

The broad Euro STOXX 600 fell 0.6 percent after three positive sessions that had taken the index back to levels reached before Russia invaded Ukraine.