The Latest: European shares open lower after US-led slide

AP

Print Article

  • A man looks at an electronic stock board of a securities firm in Tokyo, Friday, Feb. 9, 2018. Asian shares have opened lower and are tracking the overnight plunge on Wall Street. The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. (AP Photo/Koji Sasahara)

  • 1

    A man walks by an electronic stock board of a securities firm in Tokyo, Friday, Feb. 9, 2018. Asian shares have opened lower and are tracking the overnight plunge on Wall Street. The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. (AP Photo/Koji Sasahara)

  • 2

    A man stands in front of electronic stock board of a securities firm in Tokyo, Friday, Feb. 9, 2018. Asian shares have opened lower and are tracking the overnight plunge on Wall Street. The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. (AP Photo/Koji Sasahara)

  • 3

    A man looks at an electronic stock board of a securities firm in Tokyo, Friday, Feb. 9, 2018. Asian shares have opened lower and are tracking the overnight plunge on Wall Street. The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. (AP Photo/Koji Sasahara)

  • 4

    A Thai investor sits in front of an electronic board showing stock prices at a private stock trading floor in Bangkok, Thailand, Friday, Feb. 9, 2018. China's stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off. (AP Photo/Sakchai Lalit)

  • 5

    A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, Feb. 9, 2018. China's stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off. (AP Photo/Vincent Yu)

  • 6

    A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, Feb. 9, 2018. China's stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off. (AP Photo/Vincent Yu)

  • 7

    A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, Feb. 9, 2018. China's stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off. (AP Photo/Vincent Yu)

  • A man looks at an electronic stock board of a securities firm in Tokyo, Friday, Feb. 9, 2018. Asian shares have opened lower and are tracking the overnight plunge on Wall Street. The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. (AP Photo/Koji Sasahara)

  • 1

    A man walks by an electronic stock board of a securities firm in Tokyo, Friday, Feb. 9, 2018. Asian shares have opened lower and are tracking the overnight plunge on Wall Street. The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. (AP Photo/Koji Sasahara)

  • 2

    A man stands in front of electronic stock board of a securities firm in Tokyo, Friday, Feb. 9, 2018. Asian shares have opened lower and are tracking the overnight plunge on Wall Street. The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. (AP Photo/Koji Sasahara)

  • 3

    A man looks at an electronic stock board of a securities firm in Tokyo, Friday, Feb. 9, 2018. Asian shares have opened lower and are tracking the overnight plunge on Wall Street. The Dow Jones industrial average plunged more than 1,000 points as a weeklong market swoon continued. (AP Photo/Koji Sasahara)

  • 4

    A Thai investor sits in front of an electronic board showing stock prices at a private stock trading floor in Bangkok, Thailand, Friday, Feb. 9, 2018. China's stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off. (AP Photo/Sakchai Lalit)

  • 5

    A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, Feb. 9, 2018. China's stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off. (AP Photo/Vincent Yu)

  • 6

    A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, Feb. 9, 2018. China's stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off. (AP Photo/Vincent Yu)

  • 7

    A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Friday, Feb. 9, 2018. China's stock market benchmark plunged 5.5 percent on Friday and other Asian markets were off sharply after the Dow Jones industrials on Wall Street plummeted more than 1,000 points, deepening a week-long sell-off. (AP Photo/Vincent Yu)

LONDON (AP) The Latest on global financial markets (all times local):

8:15 a.m.

European stock indexes have opened lower after another tumble on Wall Street the day before caused jitters through global markets.

European markets had already fallen substantially on Thursday so their declines were not as deep as those seen elsewhere. Britain's FTSE 100 fell 0.4 percent Friday to 7,141 points, while Germany's DAX was flat at 12,262 and France's CAC 40 declined 0.3 percent to 5,136.

Asian markets also followed U.S. stocks down after the Dow, coming off a record high, entered a correction or a 10 percent decline from its latest peak for the first time in two years. The Shanghai Composite Index was off 4.1 percent after tumbling 5.5 percent at mid-morning. Tokyo's Nikkei 225 was off 2.3 percent and Hong Kong's Hang Seng retreated 3.2 percent.

Financial analysts regard corrections as a normal market event but say the unusually abrupt plunge might have been triggered by a combination of events that rattled investors. Those include worries about a potential rise in U.S. inflation or interest rates and whether budget disputes in Washington might lead to another government shutdown.

      

Print Article

Read More National & World

Are female-led companies the answer to sexual misconduct?

AP

February 17, 2018 at 1:43 pm | NEW YORK (AP) The Weinstein Co. thought it had found a path to survival. A group of investors led by a respected businesswoman offered to acquire the company, rebrand it and install a female-led bo...

Comments

Read More

Once near death, Tropicana now No. 2 casino in Atlantic City

AP

February 17, 2018 at 10:32 am | ATLANTIC CITY, N.J. (AP) Ten years ago, Atlantic City's Tropicana casino was on the verge of death, having been stripped of its casino license after its then-owners laid off vast swaths of the work...

Comments

Read More

Even as markets shook, many investors held steady

AP

February 17, 2018 at 9:16 am | NEW YORK (AP) This month's sell-off for stocks marked the first big test of investors' mettle in years. And many ended up doing exactly what the experts were recommending: hold steady. Even as ...

Comments

Read More

The Latest: 13 Russians accused of plot to disrupt election

AP

February 16, 2018 at 9:01 pm | WASHINGTON (AP) The Latest on the indictments in the special counsel's Russia probe (all times local): 10 p.m. The U.S. special counsel has accused 13 Russians of an elaborate plot to disru...

Comments

Read More

Contact Us

(406) 755-7000
727 East Idaho
Kalispell, MT 59901

©2018 Daily Inter Lake Terms of Use Privacy Policy
X
X