‘ European Shares Slump with DAX Taking Biggest Hit by Sliding 2% After Economic Data Report ‘

#AceFinanceNews – October 10 – European shares slumped on Friday – with the German DAX sliding over 2 percent in mid-morning trade – amid concerns over global growth, and another round of disappointing economic data from Germany.

Asian markets set the tone in another roller-coaster day for global equities after U.S. stocks erased all of the previous day’s rally on Thursday.

The S&P 500 fell 2.1 percent Thursday to 1,928 — it has now fallen more than 4 percent from a record closing high struck three weeks ago.

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