Stocks lose steam, bond markets suggest pain ahead for U.S. economy

A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021. REUTERS/Aly Song//

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  • Euro STOXX 600 falls 0.5%
  • U.S. bond market signals economic pain ahead
  • Treasury 10-year yields lower
  • Ukraine-Russia negotiations earlier buoyed stocks
  • Wall Street futures down

LONDON, March 30 (Reuters) – European shares fell on Wednesday after three straight days of gains, as signs in bond markets of pain ahead for the U.S. economy tempered hopes of a negotiated end to the Ukraine conflict.

The broad Euro STOXX 600 (.STOXX) fell 0.6% after three positive sessions that had taken the index back to levels reached before Russia invaded Ukraine.

Benchmark indexes in Frankfurt (.GDAXI) and Paris (.FCHI) lost 1.5% and 1% respectively, with London shares (.FTSE) also slipping a touch. Among individual stocks, Ericsson…

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