European stock futures fell by nearly 1 per cent in early trade today, indicating a drop on the benchmark indexes later in the day as renewed concern over the potential for US recession hit global equities.
By 0706 GMT March Stoxx50E futures were down 0.7 per cent at 4,304, having fallen by as much as 0.95 percent in the opening moments of trade.
DAX futures were down by 0.4 percent at 7,891.5.
US benchmark indexes fell between 1.8 and 2.4 per cent yesterday, after soft data and a warning from phone company AT&T on consumer spending triggered a slide.
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The FTSEurofirst 300 index of top European shares yesterday closed up 0.6 per cent, having rallied by as much as 1.38 per cent earlier in the day.