Worries about rising interest rates and inflationary pressures are hitting stocks.
European equity markets are mostly showing modest gains as bargain hunters entered the fold.
Equity traders are treading lightly today in the wake of the painful losses racked up this week.
Equites markets are enduring severe sell offs as worries about global growth mount.
The major declines posted in US stock markets last night have set the tone for European equities today.
Stock markets in Europe are on track to finish higher as bullish sentiment is doing the rounds.
Last Friday, the S&P 500 rallied over 3% but now things have cooled a little. The slight tick higher in bond yields seems to be applying pressure to stocks.
The bulls are in control as stock markets in Europe and the US are showing strong gains.
European stock markets are suffering as there are fears the continent is going down a gear in terms of growth.
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