Shares in Europe decline for the sixth consecutive session due to the global economy fears

Economies.com
2016-02-08 10:09AM UTC

European stocks fell slightly on Monday morning in the first week's sessions, extending losses for the sixth session in a row, due to investors' concerns about growth prospects for the global economy.

The Dow Jones Stoxx Europe 600 index fell 1.7 percent at 09:33 GMT, in the sixth consecutive daily loss, among the longest series of daily loss since June 2015.

European shares fell 4.8 percent over the last week's trading, due to investors' concerns about the global economy, after increasing signs of slowdown in the Chinese economy, and indicators of a decline of the US economy, in addition to the continued fall in oil prices.

Experts say that investors can not make up their minds about the global economy, especially as the risk of recession and deflation is rising, and experts confirmed the low morale in the market after disappointing profits for major companies.
Futures for the S & P 500 fell 1.6 percent, following a drop in the index on Friday on Wall Street rose 1.9 percent, less than estimated for the major US corporate profits.
As for the most important European markets indicators - Index euros Stoke 50 fell by 1.7 percent, France's CAC 40 index down 1.8 percent, and Germany's DAX index fell 1.7 percent, and in London has FTSE 100 about 1.2 percent.

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