European Markets End In The Red

European markets closed in the red today.

The London FTSE fell 0.5% today. France’s CAC 40 closed down 1.5%.

The German Dax was off 0.9%

The decline in the FTSE was led by BHP Billiton which missed earnings estimates and wrote down the value of its mining assets.

The sell-off also followed on the sell-off in Asian markets, and concerns about the Fed tapering its asset purchase program.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.