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Markets

European stock markets fall at open

Published Updated

LONDON: Europe's main stock markets slid at the open on Thursday following fresh losses in Asia triggered by Apple's weaker outlook.

London's benchmark FTSE 100 index dropped 0.7 percent to 6,689.18 points compared with the close on Wednesday.

In the eurozone, Frankfurt's DAX 30 shed 1.1 percent to 10,467.11 points and the Paris CAC 40 shed 1.0 percent to 4,641.80.

Most Asian markets extended losses with technology firms tumbling after Apple slashed its revenue forecasts, blaming the move on slowing sales in China.

Copyright Reuters, 2019

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