Markets in Europe were off sharply at 6.35 AM New York time.
The FTSE fell 1% to 6,401. Barclays (BCS) was down 3.9% to 592. BP (BP) was down 2.8% to 573.
The DAXX was off .7% to 7,732. Deutsche Bank (DB) was off 1.4% to 88.93. Siemens (SI) was down 1.1% to 95.21.
The CAC 40 dropped 1.1% to 5,632. Credit Agricole was down 2.6% to 29.66. Societe Generale was off 1.7% to 116.9.
Data from Reuters.
Douglas A. McIntyre
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