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European shares fall as crude oil prices rise again

LONDON (MarketWatch) — European shares turned lower on Tuesday as oil futures started to rise. Crude futures advanced 93 cents to $137.67 a barrel in electronic trading, pressuring automakers such as BMW , down 2.8%. The U.K. FTSE 100 index fell 0.5% to 5,641.90, the German DAX 30 index dropped 0.7% to 6,540.97 and the French CAC-40 index lost 0.7% to 4,477.33.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by Forextvblog

This entry was posted on Tuesday, June 24th, 2008 at 2:18 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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