European stock markets suffer big losses
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European stock markets suffered a major sell-off, posting losses of between three and five percent mid-day Monday following sharp falls on Asian markets rattled by fears of recession in the United States.
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European stock markets end the week with the FTSE, Dax and Cac losing 2.6%, 4.6% and 5.0% respectively.
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European equity markets struggled to maintain early momentum by mid morning on Monday as institutional investors took profits from recent gains in defensive pharmaceutical and utility stocks.
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European equities sank on Monday, tracking sharp losses across Asia, after financial stocks seen as being exposed to the bond insurance market were stung.
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Stock markets took another hit on Wednesday as European equities ended lower, after indices plunged overnight in Asia and the US.
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European equities slid to a 13-month low on Friday after a volatile week in which investors fled towards defensive stocks as a slew of broker downgrades put earnings expectations under pressure.
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Europe&#39;s main stock markets dropped in morning trading on Wednesday in the wake of heavy falls to Chinese equities.
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European equity markets fell on Monday as weakness in financial and mining stocks offset strength in drugmakers.
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Europe&#39;s main stock markets slid Thursday after the euro struck a record dollar high and oil prices surged above 80 dollars a barrel in New York, threatening company profits.
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Shares in tourism, insurance and air transport companies were showing heavy losses on European stock markets after massive tidal waves swamped the shores of tourist destinations in South Asia.
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European stocks, which have performed strongly recently, have fallen back sharply in morning trading, with London banking shares undermined by concern about bad debts and French exporters hit by weakness of the dollar.
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European equities fell on Thursday, with banks, utilities and other stocks sensitive to rising interest rates at the forefront of the losses.
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Europe&#39;s main stock markets wobbled for a second straight trading day on Monday as banking share prices extended heavy losses led by troubled Northern Rock.
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European equities faced another turbulent day on Wednesday after another major sell-off on Wall Street and the Asian markets that was sparked by growing fears of a US recession, dealers said.
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European stock markets closed very sharply lower Monday, with losses of more than five percent in many centres as investors sold off on concerns the US economy will fall into recession.
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European stock markets fell heavily in morning trading, mirroring deep losses in Asia, as weaker commodities prices dragged down heavyweight mining and oil companies.
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Europe&#39;s main stock markets faltered on Thursday following heavy losses on Wednesday triggered by an increase in eurozone interest rates, dealers said.