Markets in Europe were lower at 6.20 AM New York time.

The FTSE was down .6% to 6,667. BT (BT) was down 1.5% to 322.25. Nothern Rock was down 1.5% to 186.4. Vodafone (VOD) was down 1.3% to 191.5.

The DAXX fell .3% to 10.13. Infineon was off 1.6% to 10.13. VW was up 1.2% to 188.82.

The CAC 40 was down .5% to 5,810. France Telecom (FTE) was down 1.2% to 25.46. ST Micro (STM) was off 1% to 11.83.

Data from Reuters

Douglas A. McIntyre