European Stocks Track NY Losses
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European shares sank on Friday, weighed  by Wall Street's lower close and new interest rate concerns,  but pleasing numbers from Richemont and ThyssenKrupp helped  limit market losses.
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European stocks lost steam on Wednesday ahead of a US interest rate decision with banks and oil stocks leading the slide after Swiss investment banking giant UBS (NYSE:UBS) shocked investors with a $4bn writedown.
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European stock markets tumbled in early trading in the wake of steep losses in New York and Asia and a fresh surge in oil prices to record high levels.
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European stock markets reversed early losses on Tuesday after reassuring comment from Deutsche Bank (NYSE:DB).
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European equities extended losses on Tuesday after Wall Street fell heavily at the open following much weaker-than-expected US service sector data.
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Europe's main stock markets extended losses in early trade on Wednesday amid widespread gloom over the US economy, with London's leading index below 6,000 points for the first time since mid-August.
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US stock-index futures declined. Dow Jones Industrial Average shares including General Electric Co. slipped in Europe. Citigroup Inc.
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European stocks sank again on Friday after a sharp round of losses earlier in Asia and overnight in New York, as fears mounted that the global economy could face higher interest rates, dealers said.
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European stock markets drifted lower on Wednesday as losses among leisure, oil and financial stocks were unmatched by gains which came mainly from London-listed equities playing catch-up after two days holiday.
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European equities extended losses in morning deals on Friday in the wake of weakness shown by Asian markets, dealers said.
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European shares lost nearly 1 percent on  Thursday, tracking Wall Street's fall after disappointing  earnings, while drug maker Novartis fell 1.2 percent on margin  concerns despite bumper forecasts.
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European stocks edged lower on Thursday as financial stocks sagged, but with the closure of US and Tokyo markets for public holidays, trade was thin and lacked direction.
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European stocks retreated on Thursday after fourth-quarter results from US bank Merrill Lynch soured sentiment in equity markets.
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European equity markets were off to a slow start on Thursday as losses for French banks followed results from BNP Paribas, offsetting gains for fashion and luxury goods groups and carmakers.
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European stock markets stumbled in early trading, tracking Wall Street lower as the price of oil reached a new high point in New York approaching 50 dollars.
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Europe&#39;s main stock markets dropped on Wednesday, mirroring losses in Asia, after a weak performance by Wall Street overnight, dealers said.
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European equity markets put in another downbeat performance as the global sell-off continued, but losses were capped as US futures trade indicated a strong opening rally on Wall Street.