Thursday, July 26, 2007

European stocks at 3-month low, caught in global slide

(Reuters) - European shares fell across the board on Thursday, suffering their biggest daily drop in more than four months as a worsening environment for financing takeovers and worries about U.S. housing sparked risk aversion.

The pan-European FTSEurofirst 300 index closed 2.6 percent lower at a provisional 1,530.6, the lowest finish since April 2 and down for the third day in a row.


Read more at Reuters Africa

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