Thu, 03 Oct 2013 16:24:09 GMT
European stocks tumble as Obama fails to agree on new budget
European shares dropped on Thursday sliding for the second straight session after a report showed that the U.S. service sector declined more than economists projected and as the U.S. government stayed closed for a third day. The benchmark Stoxx Europe 600 fell 0.2% to 310.10 as of 3:16 p.m. London time after it recorded the biggest drop since August 30