Europe Markets 8/16/2007 Big Drops

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Markets in Europe were off sharply at 6.25 AM New York time, with some down over 3%.

The FTSE fell 2.6% to 5,951. British Air (BAB) was of 5% to 382.35. Vodafone (VOD) was down 3.6% to 151.9.

The DAXX was off 2.3% to 7,271. Daimler (DCX) was off 3.6% to 60.33. Siemens (SI) was down 3.4% to 86.68.

The CAC 40 fell 2.5% to 5,307. Alcatel-Lucent (ALU) was of 2.3% to 7.82. BNP Paribas was off 3% to 74.72.

Data from Reuters

Douglas A. McIntyre