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European shares fall 2% on Fed taper fears; commodities slump hits miners

STOXX 600 falls to two-week low; defensive utilities among smallest decliners

DAX graph, Frankfurt, stock market
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The German share price index DAX graph is pictured at the stock exchange in Frankfurt (Photo: Reuters)

Reuters
European shares fell 2% on Thursday as fears built that tapering in global monetary policy would happen sooner than previously expected, while a slump in commodity prices dragged mining stocks lower.
 
The pan-European STOXX 600 was down 1.9% at a two-week low, with mining stocks sliding 4.6% on track for their worst day in in more than year.
 
Asian stocks fell earlier in the day to their lowest levels this year, as minutes published Wednesday by the US Federal Reserve's latest policy meeting gave the impression of a looming cut in its massive, pandemic-era bond-buying programme.
 
"This does not mean

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