(Bloomberg) -- European equities declined on Wednesday as Donald Trump faced the deepest crisis of his U.S. presidency after a memo written by recently fired FBI Director James Comey surfaced. However, sectors that rallied the most following his election have a long way to go before unraveling the gains spurred by bets for stronger economic growth and greater fiscal spending. Shares of banks, industrials, technology and financial-services companies are up more than 20 percent since the early November vote.
To contact the reporter on this story: Blaise Robinson in Paris at brobinson58@bloomberg.net.
To contact the editors responsible for this story: Celeste Perri at cperri@bloomberg.net, Todd White, Namitha Jagadeesh
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