European stocks finally ended its rallying streak and dropped significantly for the first time in eight days after a drop in miners and banks, ending a streak which lasted for over more than a year. The Stoxx Europe 600 Index fell down by over 0.4% at the end of the previous session, while the equity benchmark extended its one-year rally due to increased expectations of additional borrowing costs in the US paired with burgeoning inflation rates across the globe.
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