Macro Finance
European Stocks Muted as Novartis Shares Fall Most on Record
Bloomberg Markets·September 8, 2026·1 min read
European stocks were steady on Tuesday, but Novartis AG shares fell the most on record after the company suffered its third clinical-trial setback in a week. The pharmaceutical heavyweight dragged on the broader market, offsetting gains elsewhere. Investors reacted to the repeated pipeline disappointments.
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