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European stocks fall as caution over geopolitical tensions lingers


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Shares of Henkel, whose products include Persil detergent, fell Thursday.

European stocks fell Thursday, with caution still lingering as tension between U.S. and North Korea escalated, and as German consumer-goods company Henkel AG & Co. was among the companies whose shares pulled the market toward a second consecutive decline. The Stoxx Europe 600 SXXP, -0.66% fell 0.3% to 378.56, led by losses in the industrial group. The utility and health care sectors were the only ones showing gains. The pan-European benchmark on Wednesday fell 0.7% in a selloff prompted by tensions between the U.S. and North Korea escalated. “European indices are following their Asian counterparts lower once more today, as the risk aversion seen over the past two days continues apace,” said IG market analyst Joshua Mahony in a note.
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