European shares extend losses

Europe’s stock markets tumbled for a second day running on Friday, with a broad sell-off in global equities markets showing no signs of abating despite solid US jobs data. Frankfurt's main DAX index dived 2.10 per cent to end at 9,210.08 points, compared to Thursday's closing levels. London's benchmark FTSE 100 index shed 0.76 per cent to 6,679.18 points, while in Paris the CAC 40 tumbled 1.02 per cent to 4,202.78 points, its lowest level since early February. The losses come after the Dow on Thursday posted its biggest single day sell-off since February on weak eurozone data and as news of Argentina's debt default shook the market, according to AFP.