Wednesday, June 27, 2007

European shares hit by growth fears, US mortgages

(Reuters) - European shares fell early on Wednesday, tracking U.S. and Asian stocks lower on worries about economic growth, the fallout from troubles in the U.S. mortgage market and the effects of a rising yen.

At 0813 GMT, the FTSEurofirst 300 index of top European shares was down 0.5 percent at 1,578.48 points, adding to four successive days of losses, and hitting its lowest in two weeks.


Read more at Reuters Africa

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