Europe's losses followed volatility in China, where the country's benchmark index fell by as much as 6 percent in the last hour of trade, after rallying to a three-and-half-year high earlier in the session.
Analysts attributed the Shanghai Composite selloff to profit-taking, concerns about growth prospects in 2015 and newly announced corporate bond market restrictions.
Read MoreGlobal stocks decline; Shanghai slides
U.S. stocks also declined on Tuesday, extending losses into a second session. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all shed around 1 percent before paring some losses.
Tesco tanks...again
Shares of Tesco fell to the bottom of the FTSE 100, ending down around 6.6 percent, after the embattled supermarket chainissued its latest profit warning for 2014.
U.K. rivals WM Morrison also posted heavy losses on the news.
Read MoreTesco warns on profit...again
0 comments:
Post a Comment