European stocks fall to week low on risk aversion

European shares fell on Thursday, and hit a week low, while on track for the second daily loss in three sessions.

The Stoxx Europe 600 index rose 0.4% as of 11:25 GMT, and hit a week low at 468.38 points, after closing flat yesterday.

The mining sector saw the largest losses in Europe today, with a drop of 1.5%, as most metals and commodities prices fell.

The Jackson Hole Economic Conference, organized by the Federal Reserve, will launch later today, during which most of the global central bank chiefs are expected to talk about the pandemic, and the future of economic stimulus and interest rates.

S&P 500 futures fell 0.25% today ahead of Wall Street's opening, after the index closed higher by 0.2% and hit its record high at 4,501.71 points.

Back to Europe, the Euro Stoxx 50 index fell 0.4%, while France's CAC 40 fell 0.3%, Germany's DAX index fell 0.5%, and the UK's FTSE 100 fell 0.3%.