European stocks fall as Ukraine tension heightens

|By:, SA News Editor

European equities follow Asian shares lower as the tension over the Ukraine crisis increases and amid rising concerns about China's economy following weak data this week.

"Traders would be foolish to make the mistake they made two weeks ago and go home long into the weekend, particularly with the situation on the ground in Ukraine so potentially fluid, and the Crimea referendum vote due on Sunday," says market analyst Michael Hewson.

However, U.S. stock futures are higher following sharp losses on Wall Street yesterday.

Euro Stoxx 50 -0.6%, London -0.4%, Paris -0.6%, Frankfurt -0.7%, Milan -0.5%, Madrid -0.7%.

U.S. stock futures: Dow +0.1%. S&P +0.2%. Nasdaq +0.2%

ETFs: VGK, FEZ, IEV, EPV, EZU, HEDJ, FEU, FEP, UPV, ADRU, FEEU, EURL, EURZ, DBEU, FIEU