In Paris, the CAC 40 lost 22.23 points, or 0.64%, to 3,434.91. The French 10-month budget deficit widened by 14% as revenue declined. Thompson, Aeronautic Defense & Space stocks were lower. Germany's investor confidence is reported to be higher, and a separate report shows the German economy to be improving a bit, but the DAX index was still down 35.19 points, or 0.92%, to 3,806.54.
Asian stock markets ended sharply lower Monday. Japan's Nikkei 225 index slid 328.12 points, or 3.16%, to 10,045.34. In Hong Kong, the Hang Seng index moved 127.29 points lower, or 1.11%, to finish at 12,177.44.
"Expect global equities to continue to swing with the outlook for global growth, which is heavily dependent on demand from the world's largest consumer - the U.S.," says S&P in its weekly market analysis.
Canada's benchmark S&P/TSX added 0.49 points, or 0.01%, to 7,990.77.