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Europe: Stocks weaken at open

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Europe's stock markets slid at the start of trade on Tuesday, with London's benchmark FTSE 100 index down 0.12 per cent to 6,730.13 points.

[LONDON] Europe's stock markets slid at the start of trade on Tuesday, with London's benchmark FTSE 100 index down 0.12 per cent to 6,730.13 points.

Elsewhere, Frankfurt's DAX 30 shed 0.24 per cent to 11,456.54 and the CAC 40 in Paris slipped 0.05 per cent to 4,995.36 points compared with Monday's close.

European equities had surged Monday on news of a long-awaited Greek bailout agreement, but the euro ran out of steam as traders saw calm on the continent boosting chances of a US interest rate hike.

AFP

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