Europe Extends Losses: Global Markets in Tailspin

European stocks traded firmly lower for a second consecutive session amid a global market sell off that sent U.S. markets to their steepest losses in more than eight months.
Author:
Publish date:

European stocks traded firmly lower for a second consecutive session amid a global market sell off that sent U.S. markets to their steepest losses in more than eight months amid concerns over the scope of an investigation of U.S. President Donald Trump's ties to Russia.

The

iShares MSCI Eurzone Index ETF (EZU) - Get Report

, one of the broadest measures of regional blue chip shares and the latest addition to the

Action Alerts PLUS

charity portfolio co-managed by

TheStreet's

Jim Cramer, was marked 1.57% lower at €40.66 each in the opening 90 minutes of trading, trimming its year-to-date gain to around 15%.

Britain's FTSE 100 was one of the leading benchmark decliners to the downside, falling 0.5% to extend its two-day slide to just under 0.8%. Germany's DAX performance index, however, has slumped more than 2% of the past two sessions and was trading 0.53% lower at 09:30 BST.

READ MORE:

European Stocks Extend Global Slump as Trump Administration Turmoil Intensifies

Europe Braced for Selloff; U.S. Futures Improve After Mueller Name to Probe White House

5 Things You Must Know Before the Market Opens Thursday

This article was written by a staff member of TheStreet.