Europe Markets: European stocks face worst day in almost 3 months as oil, Deutsche Bank shares slump

European stocks slid Monday, with a selloff in oil and gas shares and in German lender Deutsche Bank AG pushing the market’s benchmark toward its worst performance in almost three months.

The Stoxx Europe 600 SXXP, -1.29% was falling 1.4% to 340.40, in line for its largest percentage decline since early July, according to FactSet data. All sectors were lower, led by financials SXFR, -1.43% and oil and gas SXER, -1.45% groups.

Regional indexes suffered on Monday, with Germany’s DAX 30 DAX, -1.43% down 1.5% to 10,465.63 and Spain’s IBEX 30 IBEX, -1.26% losing 1.9% to 8,654.40.

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