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
Related Posts business news
- Target Corporation Web Store Malfunctions From Unprecedented Spike In Traffic ... - Bidness ETC
- Europe Stocks Higher, Shrugging Off Losses in Asian Markets - New York Times
- European shares up after China stimulus fails to lift Asia - Reuters
- Natural Gas: Injections And Higher Prices, Go Figure... - Seeking Alpha
- 5 Years After BP Oil Spill, Effects Linger And Recovery Is Slow - NPR
- Canadian shrimp push US crustaceans off the plate after fishing ban - CBC.ca
- China cuts bank reserves again to fight slowdown - Reuters
- Credit checks banned for some jobs - New York Post
- Why I Am Exiting My Position In General Electric - Seeking Alpha
- New State Water Rules Mean Most Of Sacramento Region Will See Slightly ... - CBS Local
- Teva mulling bid for Mylan – Bloomberg - Globes
- ADB head says already sharing information with AIIB - Reuters
- UPDATE 3-Liberty Global's Telenet to buy KPN's Belgian unit for $1.43 bln - Reuters
- EXCLUSIVE-Naimi says Saudi oil production near record high in April - Reuters
- 5 Years After BP Oil Spill, Effects Linger And Recovery Is Slow - NPR
0 comments:
Post a Comment