Tuesday, April 27, 2010

European stocks fall lower amid continuing Greece woes

Continuing uncertainty surrounding the Greek crisis has investors nervous today, taking European shares lower. All major Euro indices are down with the French CAC 40 off the most, posting a loss of 1.79%. The FTSE 100 and DAX follow right behind at 1.30% and 1.01% less on the day.

European indices posted gains yesterday with mining and industrial leading the charge. However renewed concerns over the timing of the joint EU/IMF aid package as well as risks of contagion to other weak Eurozone members has left market sentiment shaky at best.

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