Tuesday, July 10, 2007

European stocks extend slide as US warnings spook

(Reuters) - European stocks extended their earlier losses on Tuesday, pulled lower by banks and miners, as a handful of heavyweight U.S. corporates including Sears and Home Depot issued earnings warnings.

The FTSEurofirst 300 index of top European shares was down 1.1 percent at 1,608.5 points, just off its intraday low, as U.S. stock index futures fell and credit spreads widened.


Read more at Reuters Africa

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