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The regionwide STOXX 600 index slipped 0.5% after a three-day run of gains. Miners, automakers and retailers fell more than 1% each.
Investors took some profits off the table after mid-week rally as a deadline for paying $83.5 million in bond interest passed without remark from Evergrande, concerns about which rocked financial markets earlier this week.
German sportswear makers Adidas (OTC:ADDYY) and Puma fell 3.7% and 2.5%, respectively, after Nike (NYSE:NKE) cut its fiscal 2022 sales expectations and said it expects delays during the holiday shopping season, blaming the ongoing supply chain crunch.
Broadly, Germany’s DAX fell 0.7%, heading into the weekend when the country will vote to elect German chancellor Angela Merkel’s successor.
British drugmaker AstraZeneca (NASDAQ:AZN) jumped 3.2% after the company said its cancer drug Lynparza met its primary goal in a late-stage trial.
