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World stocks decline on dour US earnings outlook

Bareksa15 April 2014
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World stocks decline on dour US earnings outlook
Traders work on the floor of the New York Stock Exchange April 9, 2014 (REUTERS/Brendan McDermid)

The declines came after investors drove U.S. markets lower for a second day

The Jakarta Post - Global stock markets fell Monday following two days of U.S. declines and forecasts of lower American corporate profits.

Oil rose above $104 per barrel amid renewed tensions between Ukraine and Russia.

In early European trading Germany's DAX fell 0.5 percent to 9,275.98 and France's CAC-40 shed 0.1 percent to 4,361.36. Britain's FTSE 100 dropped 0.5 percent to 6,530.90. Asian stock markets were muted.

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