may 24 reuters  a fresh wave of selling hit european stock markets on wednesday as little progress in the us debt ceiling negotiations a jump in the uk core inflation and more losses in marketheavy luxury names hurt risk sentiment the europewide stoxx 600 index stoxx fell 11 by 0718 gmt to hit a nearly threeweek low with all regional markets trading in the red wall street stocks finished sharply lower on tuesday and shortterm treasury yields advanced as investor jitters grew over a lack of progress in the us debtlimit talks real estate stocks sx86p fell the most in europe down 25 with uk homebuilders among the top decliners after data showed a closely watched core measure of uk price growth surged to a 31year high in april cementing bets on more interest rate hikes from the bank of england luxury stocks stxluxp fell 17 to an over sixweek low as tuesdays selloff showed no signs of abating embracer embracbst plummeted 382 to an alltime low after the swedish gaming group said a major strategic partnership will not materialise and also trimmed its fullyear adjusted ebit forecast