Europe shares fall below from the highest level in seven weeks with a drop of Schindler

European stocks fell from their highest level in seven weeks on Tuesday under the pressure of declining industrial stocks after The Swiss Schindler cut its forecast for 2016

Stoxx European 600 fell down 0.6 percent from its highest level since the vote for Britain out of the European Union in late June. It fell six percent since the beginning of the year

And Schindler Holding shares fell 4.4 percent, its biggest drop on the Stoxx after the manufacturer company for the elevators lowered its forecast to the roof of its revenue growth this year, influenced by increasing uncertainty in the Chinese construction market and the recession in Brazil