Europe Stocks Drop Most in Eight Months as Trump Concern Deepens

European stocks tumbled as the impact of a worsening U.S. political crisis spread throughout the world after a report that President Donald Trump had asked the FBI director to drop an investigation into a former top aide.

The Stoxx Europe 600 Index slid 1.2 percent at the close in the biggest drop since September. The benchmark had rallied as much as 21 percent since a Nov. 4 low amid bets for stronger global growth and increased U.S. fiscal spending following Trump’s election, reaching a 21-month high earlier this month.