Paris, Madrid stocks down more than 3% as oil drops back under $30
The Paris and Madrid stock exchanges fell more than 3 percent in afternoon trading on Tuesday as Brent crude oil prices briefly fell below $30 per barrel.
The CAC 40 index was down 3.1 percent at 4,256.35 points, while Madrid's IBEX 35 was down 3.4 percent at 9,491.9 points.