RIO News: European stocks extend decline as global markets remain rattled - 9th May 2022, 6:07pm

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European stocks were in the red as global markets extend declines. Photo: Alberto Pezzali/NurPhoto via Getty

European stocks were in the red as inflation, tightening monetary policy, China's COVID lockdown and the war in Ukraine sour investor sentiment.

The FTSE 100 (^FTSE) opened 0.2% down following a grim warning from the Bank of England of a "very sharp slowdown" to come on Friday. France’s CAC (^FCHI) was 0.4% lower after the opening bell and the DAX (^GDAXI) fell 0.1% in Germany.

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