European stocks sag on oil, earnings concerns
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European stock markets were mostly lower in early trading after a lacklustre session on Wall Street overnight amid jitters over corporate earnings and resurgent oil prices.
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European stock markets made modest headway in early trading though an uninspiring performance on Wall Street and concerns about rising oil prices weighed on sentiment, dealers said.
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European equity markets pared their morning gains on Friday, as banks weighed and US futures pointed to a weak start on Wall Street.
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European stocks fell on Tuesday, failing to follow strong Asian performance while the yen rose as investors remained nervous over the health of the U.S. economy after a fallout in U.S. risky mortgages and credit turmoil.
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Rising oil prices, apprehension over U.S. interest rates and pessimistic corporate outlooks from Unilever and Samsung Electronics pulled European stocks lower Monday.
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European equity markets were poised for a weaker open on Thursday following losses on Wall Street in the previous session as a number of companies issued profit warnings.
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European equities fell on Tuesday as technology stocks tracked their US and Asian counterparts lower after a number of downgrades, while energy companies were hit by falling oil prices.
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European stocks slipped and the dollar  softened on Friday as the rise in crude oil prices toward $50 a  barrel raised the prospect of slower economic growth, which  supported bond prices.
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European stock markets were subdued in early deals as a lacklustre performance on Wall Street weighed against a modest fall in oil prices and some positive company news.
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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. stock index futures indicated a  lower opening on Wall Street on Thursday with the focus on  corporate results, while European shares slipped after a slew  of mixed earnings.
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A profit warning from consumer products giant Unilever and concern that oil prices, now topping $46 a barrel, will hurt company earnings kept European shares in negative ground Monday.
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European bourses slid lower on Tuesday as heavily-weighted oil stocks fell after mild US weather forced a drop in crude prices, while profits were taken in banking stocks after the markets good run.
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European stocks fell for the third day in four as the price of oil neared a record, deepening concern that profit growth will slow.
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Strong earnings figures helped European equity markets make a positive start to trading on Tuesday but gains were pared by early afternoon amid weakness in the real estate, tobacco and pharmaceutical sectors.
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European equities were lower on Monday as technology stocks, industrial groups and financial services companies slipped following gains last week.
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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.