Europe’s main stock markets dived Tuesday, after another sell-off across most of Asia that was sparked by a fresh drop in oil prices, dealers said. Around 0900 GMT, Frankfurt’s benchmark DAX 30 index was down 2.5 percent compared with Monday’s finish, as dire German factory orders sparked fresh questions about the health of the eurozone’s biggest economy.
Elsewhere, France’s CAC 40 index shed 2.0 percent and Britain’s FTSE 100 dropped 1.4 percent in value. World oil prices languished close to one-month lows on persistent worries over the global supply glut, weighing on energy shares. Sentiment failed to win a boost from news that eurozone private sector business activity nudged higher in March after a sharp fall in February, according to a survey from data firm Markit. READ MORE
