European stocks dropped Wednesday, resuming their recent run of losses as investors wrestle with economic and political uncertainty throughout the region.
The Stoxx Europe 600 SXXP, +0.19% fell 0.7% to 326.62, with all major sectors swimming in the red.
In Frankfurt, the DAX 30 index DAX, -0.12% fell 1% to 9,459.54. France’s CAC 40 PX1, +0.61% declined 0.9% to 4,058.65 and the U.K.’s FTSE 100 UKX, +0.11% declined 0.9% to 6,274.87.
At the same time, attention turned once again to Russia’s currency, which advanced against the dollar Wednesday following a report the Russian finance ministry has started to sell foreign currency in an effort to halt the ruble’s slide. The dollar was buying 64.674 rubles USDRUB, -15.46% compared with 67.893 late Tuesday.