The majority of European bourses opened lower. FTSE 100 Index fell 1 percent to 5158.85, Germany's DAX fell slightly by 0.2 percent to 6026.30, France's CAC-40 fell 0.2 percent to 3493.70.
Wall Street seemed to lead to a reinforcement after a disappointing session on Friday, with Dow futures climbed 3 points to 10 062 and S & P 500 futures rose 2.5 points to 1065.60.
U.S. stocks experienced cloudiness Friday with all the major indexes fell 2.5 percent or more. Results second quarter performance of Citigroup Inc. and Bank of America Corp. to disappoint investors because their income falls. Traders have also been shaken by a volatile stock market, nearly double-digit unemployment and ailing housing market caused a decline in U.S. consumer confidence in July and lowest in almost a year.
Which produce little spending is bad news on the Asian economies that rely on U.S. exporters as a major market. "It shows that people do not have confidence in the future. People are afraid of losing their jobs and delaying the purchase of goods," said Francis Lun, general manager of Fulbright Securities Ltd. in Hong Kong. "America is in danger and fall into recession if the economy is not lifted, he will go the way of Europe .."
One exception in Asia is China's market. Lun said the benchmark Shanghai rose 2.1 percent or 51.15 points to 2475.42 due to the government's commitment to support the Agricultural Bank of China IPO in order to avoid falling below its offer price.
Index in Thailand and India also showed slight increase. Elsewhere, the market falls. Hong Kong's Hang Seng Index fell 159.21 points, or 0.8 percent, and closed to 20090.95. Index S & P / ASX 200 in Australia fell 1.5 percent to 4358.30. Kores Kospi Index closed down 0.4 percent to 1731.95. Japanese markets closed for national holidays.
In New York on Friday, the Dow fell 261.41 points, or 2.5 percent to 10097.90. Index Standard & Poor's 500 fell 31.60 points, or 2.9 percent to 1064.88. The Nasdaq index fell 70.03 points, or 3.1 percent to 2179.05.
In currencies, the dollar rose to 86.84 yen from 86.56 yen. The euro rose to U.S. $ 1.2972 from U.S. $ 1.2929. Benchmark crude oil for August delivery fell 23 cents to U.S. $ 75.78 per barrel in electronic trading on the New York Mercantile Exchange
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