European Stocks Down on Falling Global Oil Prices, Prospect of Early Greek Elections

European markets tumbled on the last full trading day of 2014 as energy stocks fell with global oil prices.
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European markets tumbled on the last full trading day of 2014 as energy stocks fell with global oil prices and investors weighed the prospect of early elections in Greece and its implications for the euro zone. Oil stocks including Royal Dutch Shell, BG Group and Tullow Oil fell in London, while French energy giant Total retreated in Paris. Bucking the positive trend, clothing retailer Next was up in London on a positive outlook for the year ahead and better-than-expected sales in the holiday shopping season.