Inflation Jitters Take Toll on European Stocks Ahead of Earnings

Inflation Jitters Take Toll on European Stocks Ahead of Earnings
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany on Oct. 8, 2021. Staff/Reuters
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European shares slipped on Tuesday as investors feared that soaring commodity prices would hamper a recovery in corporate profit, with fresh signs of troubles at property developer China Evergrande also hitting confidence.

The pan-European STOXX 600 index was down 0.3 percent in morning trading, hovering about 5 percent below its August peak. Asian stocks also fell after Evergrande missed its third round of bond payments in three weeks.