Markets in Europe were lower at 6.50 AM New York time.

The FTSE was off .5% to 5,996. Barclays (BCS) was off 2.6% to 469. BP (BP) was up 2.3% to 554.5.

The DAXX fell .5% to 6,963. Man AG was down 3.1% to 85.87. Siemens (SI) was off 1.3% to 89.65.

The CAC 40 sold off .7% to 4,937. AXA (AXA) was down 2% to 23.14. Cap Gemini was off 2.5% to 37.45.

Data from Reuters

Douglas A. McIntre