Markets in Europe were modestly lower at 7.10 AM New York time

The FTSE fell .7% to 6,177. British Airways rose 4.5% to 280. Diageo fell 4% to 1009.

The DAXX dropped .4% to 7,685. Infineon was down 4.4% to 6.67. Metro was up 2.1% to 55.42.

The CAC 40 fell .5% to 5,376. AXA (AXA) rose 1.3% to 25.98. Danone fell 3.8% to 57.9

Data from Reuters

Douglas A. McIntyre