European stocks fall, pressured by high oil prices
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European stock markets struggled in early trading as record high oil prices above 53 dollars weighed on sentiment.
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Stocks declined on Monday, pressured by a sell-off in energy shares after oil prices dropped and worries that further evidence of weakness in the housing market could hurt consumer spending.
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European stocks dipped on Friday as oil prices hugged 6-week highs, stoking concerns that higher energy costs will squeeze corporate profits, with Germany's Epcos leading the way down after saying it may miss its 2005 sales and earnings targets.
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European shares edged lower on Tuesday as seven-week high oil prices and a pullback in top UK supermarket Tesco weighed.
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European stock markets retreated in early trading after sharp falls overnight on Wall Street as a surge in oil prices rattled investors.
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U.S. stocks fell on Thursday as  investor worries about high energy costs hurting corporate  profits kept indexes lower after oil prices broke through $48 a  barrel.
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European stocks were slightly lower by mid-day in holiday-hit trading on Monday, with crude oil rises weighing on shares, though Sanofi-Aventis gained on the result of trials of an anti-obesity drug.
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Stocks ended lower yesterday as a sharp drop in the price of oil knocked down shares of energy-related companies, while the dollar resumed its decline, dropping to new lows against the euro.
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U.S. stocks fell on Monday as oil  prices hit a record high, spurring worries that energy costs  will eat into corporate profits.
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European stock markets fell in early trading after sharp overnight falls on Wall Street on record high oil prices and a US government probe into the insurance sector.
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European shares fell, the yen and dollar wilted and benchmark government bond yields scraped against multi-month lows on Thursday as high oil prices continued to worry global financial markets.
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European shares inched lower on Friday as a broker downgrade hit STMicroelectronics and volatile oil prices continued to feed economic worries, offsetting solid earnings at utility Veolia.
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U.S. stocks fell on Thursday,  pressured by record oil prices, disappointing September sales  from retailers and a drop in drug stocks.
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European shares fell on Friday as the euro rallied to a 1-1/2-year high, hurting the export reliant car sector, while investor sold off insurers on fading sector consolidation hopes.
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European equity markets moved lower on Thursday as investors remained cautious in the face of record oil prices and slowing economic growth.
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European stocks fell for the third day in four, paced by Renault SA, Deutsche Lufthansa AG and Alcatel SA as the price of crude oil approached a record high, deepening concern that profit growth may slow.
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European equities were lower on Tuesday after real estate companies eased on reports of slowing growth in property investment markets, while oil companies fell after crude prices dipped overnight.