LONDON: European stock markets sank at the open on Friday, joining a global selloff on fears that this year's expected economic recovery will fuel inflation and spark interest rate hikes.
London's benchmark FTSE 100 index of major blue-chip companies fell 1.2 percent to 6,570.36 points.
In the eurozone, Frankfurt's DAX 30 dropped 1.4 percent to 13,680.37 points and the Paris CAC 40 lost 1.5 percent to 5,697.54.
Comments
Comments are closed for this article.