Tuesday, June 26, 2007

Financial stocks drag down European shares

(Reuters) - European stocks opened lower on Tuesday as investor wariness of problems on the U.S. subprime mortgage market led financial stocks lower.

Among major movers, ABN AMRO fell 1.4 percent after a law professor advising the Dutch Supreme Court on the frozen sale of ABN's U.S. subsidiary LaSalle said the sales should not be put to a shareholder's vote.


Read more at Reuters Africa

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