LONDON Feb 7 European shares turned negative in
choppy trading on Thursday, tracking falls on the U.S. equity
markets, while a decline in French drugmaker Sanofi
also weighed on the region's bourses.
The pan-European FTSEurofirst 300 index was down by
0.1 percent at 1,150.71 points by 1530 GMT, having at one stage
been up as much as 0.5 percent to 1,158.26 points.
U.S. equities also extended losses, with American
housebuilding stocks falling sharply.
A 3.7 percent fall at Sanofi took the most points off the
FTSEurofirst 300 index, after Sanofi said its earnings could
fall this year.