LONDON Dec 17 European shares turned negative
on Monday, at the start of what is likely to be a volatile week,
with investors anxious over U.S. budget talks which remain at an
As many in the market are positioned for a deal on the U.S.
budget to be struck, any news to the contrary could open the way
to fresh index falls, especially in seasonally thin year-end
The FTSEurofirst 300 was down 0.3 percent at
1,130.22 by 0906 GMT, in volume at 14 percent of the 90-day
"We're a bit jittery here that there's not going to be
significant progress and as the week goes on I expect volume to
dry up and volatility to increase unless any deal's done," Joe
Rundle, head of trading at ETX Capital, said.
(Reporting by Tricia Wright; Editing by Toni Vorobyova)