European shares erase rally; Santander falls

miércoles 10 de septiembre de 2014 07:19 GYT
 

* FTSEurofirst 300 down 0.1 pct; erases ECB-spurred rally

* Jitters over Scotland vote rattle investors

* Santander stock falls after Chairman Botin dies

By Blaise Robinson

PARIS, Sept 10 (Reuters) - European stocks fell for a fourth straight session on Wednesday, erasing what was left of the gains spurred by the European Central Bank's rate cut and additional measures unveiled last week to support the region's economy.

Investors were concerned about a rise in polls for the "Yes" camp ahead of next week's vote on Scottish independence, while rising U.S. bond yields also weighed, lifted by increased expectations that the Federal Reserve will take a more hawkish stance on raising rates at a policy meeting next week.

Sterling hit a 10-month low against the dollar on Wednesday, with currency traders citing an online survey on the Scottish independence which gave the "Yes" camp a strong lead.

Market talk surrounded the prospect of another poll due to be released late on Wednesday by the Survation polling agency for the Daily Record. The agency said on Twitter that those results would be "very interesting".

At 1050 GMT, the FTSEurofirst 300 index of top European shares was down 0.1 percent at 1,383.99 points. The index has lost 1.4 percent since a peak hit last Thursday after the ECB announcement.   Continuación...