Reply #6: European shares slide, London FTSE 100 below 6,000 points [View All]

[ozymandius]

LONDON (AFP) - 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.

London's FTSE 100 index of leading shares was down 1.30 percent at 5,947.00 points shortly after the open. Frankfurt's DAX 30 lost 1.00 percent to 7,491.07 points and in Paris the CAC 40 dropped 1.24 percent to 5,185.67.

The DJ Euro Stoxx 50 index of eurozone shares decreased 1.00 percent in value to stand at 4,099.56 points.
......

European stock markets had suffered a major sell-off Tuesday -- with London closing down more than three percent -- in
the face of gathering fears of recession in the United States and depressing corporate news, dealers said.

http://news.yahoo.com/s/afp/20080116/bs_afp/stockseuropeopen