Swine-Flu Fears Hit Europe's Markets - by Kimberly.Vlach
European stocks fell Monday, as risk aversion grew on concerns the outbreak of swine flu will hurt consumption and further slow global economic activity. The pan-European Dow Jones Stoxx 600 fell 1.1%. The U.K. FTSE 100 shed 1.2%, the French CAC-40 lost 1.8% and Germany's DAX declined 1.1%. The outbreak of swine flu in Mexico, the U.S. and Canada could have an impact on meat and feed demand, including in Asia, analysts said Monday. Over the weekend, the World Health Organization declared the strain of swine flu to be a "public health emergency of international concern," with at least 103 people in Mexico dead, and advised all countries to be on the lookout for unusual outbreaks of flu.
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