Banking Woes Hit European Stocks

Word Count: 311 | Companies Featured in This Article: Fannie Mae, Freddie Mac, Deutsche Bank, Societe Generale, HBOS, HSBC Holdings, Royal Bank of Scotland, Ciba Holding, Wienerberger LONDON -- European stocks fell sharply Tuesday amid continuing worries about the global financials sector and renewed concerns about the threat of inflation. The Dow Jones Stoxx 600 Index sank 1.5% at 282.56. The U.K.'s FTSE 100 Index slumped 1.4% to 5374.20, while France's CAC-40 Index dropped 1.7% to 4372.16 and Germany's DAX Index lost 1.4% to 6343.47. The Dow Jones Industrial... [read full story]