European shares slip as euro, oil prices tumble

LONDON: Europe's major stock markets fell on Tuesday as the European single currency slid to a near six-month low point against the dollar and oil prices extended their losses. In London the FTSE 100 index of top companies lost 0.13 percent to close at 5,534.50, while in Paris the CAC 40 shed 0.44 percent to 4,518.48, and in Frankfurt the Dax ended 0.36 percent lower at 6,585.87. The Euro Stoxx 50 index of leading eurozone shares declined by 0.37 percent to 3,433.05 points. The euro stood at 1.4901 dollars after dropping earlier Tuesday to 1.4816 -- the lowest point since late February.