In Paris, the CAC 40 index dropped 17.27 points, or 0.5%, to 3,438.85. Remy Cointreau, Renault, and Rhodia stocks weighed on the index.
Germany's DAX index had lost 25.26 points, or 0.66%, to 3,820.92, on some profit taking. Some traders were nervous as Chancellor Schroeder struggles to win legislative approval for a $19 billion tax cut. German October exports fell 6.6%, the largest decline in 10 years.
Asian markets finished mixed, with Japan's Nikkei 225 index taking a 2.11% hit to finish below the 10,000 mark. The index lost 213.72 points, to finish at 9,910.56. In Hong Kong, the Hang Seng index crept 4.74 points higher, or 0.04%, to finish at 12,398.38.
Canada's benchmark S&P/TSX fell 88.82 points, or 1.11%, to 7,887.12.