European Markets Slide as UBS Eases Credit Suisse Protection

European Markets Slide as Investors Digest Earnings and Inflation Data

The pan-European Stoxx 600 index was down 0.8% in morning trading, with most sectors in negative territory. Mining stocks and travel and leisure led losses each with a 1.2% downturn, while autos, insurance, and tech also dropped more than 1%. European markets are still grappling with the impact of earnings reports and the latest U.S. inflation data.