Recovery doubts, BP hurt European shares

LONDON, June 1 (BestGrowthStock) – European shares extended falls on
Tuesday, with BP (BP.L: ) slumping after its attempt to plug an
oil spill in the United States failed, while slowing Chinese
factory output fuelled pessimism over global economic recovery.

By 0723 GMT, the pan-European FTSEurofirst 300 (.FTEU3: )
index of top shares shed 1.3 percent to 987.72 points, a day
after shares posted their worst monthly performance since
February 2009.

BP sagged more than 14 percent.

Stock Market Investing

(Reporting by Harpreet Bhal)

Recovery doubts, BP hurt European shares