RTRS: European stock index futures point to sharp losses
PARIS (Reuters) - European stock index futures pointed to a sharp drop on Thursday, part of a global equities sell-off on escalating fears of a global economic downturn.
At 2:02 a.m. EDT, futures for the Eurostoxx 50, Germany's DAX and the French CAC 40 were down between 6.1 and 6.6 percent. Wall Street had its worst day since the 1987 stock market crash on Wednesday, as bleak economic data fed worries that all the efforts to ease the credit crisis may not stave off a severe economic downturn. In Japan, the Nikkei average fell as much as 10 percent on Thursday.
