Global Stocks Drop; Investors Shun Risk as Credit Market Turmoil Worsens

(Bloomberg) -- Stocks fell around the world and U.S.
Treasuries rallied on concern higher borrowing costs will slow
takeovers, spur debt defaults and curb earnings, prompting
investors to flee riskier assets.

The Standard & Poor's 500 Index fell to its lowest in a
month, while Europe's Dow Jones Stoxx 600 Index dropped 1.8
percent, its biggest retreat since March. Benchmark stock indexes
in Brazil, Mexico, Argentina, Korea, Poland, Russia and Turkey
fell more than 2 percent.


Read more at Bloomberg Stocks News

Air Berlin, Alitalia, Banesto, EADS, EDF, UBS: European Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in European markets. Prices are from the last close.

The Dow Jones Stoxx 600 rose 0.6 percent to 397.27. The Dow
Jones Stoxx 50 Index gained 0.8 percent to 3979.32. The Euro
Stoxx 50 Index, a benchmark for the 13 nations using the euro,
climbed 0.7 percent to 4524.45.


Read more at Bloomberg Stocks News

European Stocks Retreat, Paced by Intesa, Unicredit; Axa Shares Decline

(Bloomberg) -- European stocks fell, paced by Intesa
Sanpaolo SpA, UniCredit SpA and Axa SA as the shares all traded
without the right to their latest dividend.

The Dow Jones Stoxx 600 Index fell 0.3 percent to 392.95 as
of 8:25 a.m. in London. The Stoxx 50 declined 0.3 percent and the
Euro Stoxx 50, a measure for the 13 nations sharing the euro,
dropped 0.4 percent.


Read more at Bloomberg Stocks News