europe knocked by poor ge results

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    By Sarah O’Connor

    Published: April 11 2008 11:59 | Last updated: April 11 2008 12:27

    European shares suddenly slid into negative territory on Friday morning after US bellwether General Electric reported an unexpected drop in profits, knocking confidence across the Atlantic.

    The FTSE Eurofirst 300 was 1 per cent lower at 1,290 just after midday, while Germany’s Xetra Dax fell 1.3 per cent. France’s CAC 40 fell 0.6 per cent to 4,830.30

    DOW futures down 115. May not be good for the ASX on Monday
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