European Stocks Fall on Financials

Spread betting and contracts for differences on the stock market should take into account that the subprime lending crisis is still affecting the stock market, even in Europe. European stocks are down, led by financials such as Hypo Real Estate that invested in subprime loans and lending companies. Bloomberg reports on the subprime lending crisis and the stock market:

``The subprime crisis is not over yet,'' said Raimund Saxinger, who helps manage the equivalent of $17.3 billion at Frankfurt Trust. ``There's a lot to deal with in the financial sector.''