European stocks slip as US bond sales struggle

Wall Street’s main indices came under pressure, with traders on high alert before a $44 billion sale of US Treasury notes. Photograph: Angela Weiss/Getty Images

Ryanair’s UK peers EasyJet and Aer Lingus owner also slumped in the session, albeit at a slower pace of 1.6 per cent 2.5 per cent respectively.Connacht’s female entrepreneurs: ‘Making a living from clothing in Ireland is not easy’Private investor closing in on deal for McKillen jnr’s Lucky Duck pub Among the few stocks to buck the trend was Distribution Services, which gained 4.3 per cent after the Royal Mail owner agreed to a £3.57 billion takeover offer by Czech billionaire Daniel Kretinsky.

Industrial and precious metal miners also tumbled with Anglo American and Antofagasta down 3 per cent and 1.8 per cent while Rio Tinto shed 1.9 per cent.Europe’s main equities indices slipped with the Stoxx 50 down 1.3 per cent and the pan-European Stoxx 600 down by just over 1 per cent amid jitters over the expected trajectory of European interest rates.

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