European stocks fall led by carmakers and commodity producers

European equities dropped to the weakest level since the beginning of 2013 pushing the benchmark index Stoxx Europe 600 down for the fourth day, the longest losing streak in a three-month period, mainly due to a fall of automakers and commodity producers. The Stoxx Europe 600 Index was traded lower by 1.5% recording 283.82 at 4:30 p.m. London time.