JOHN DEFTERIOS, CNN ANCHOR: Trading is well under way in Europe this Monday morning.</s>DEBORAH MARCHINI, CNN ANCHOR: For a look at the latest activity, including some follow-on selling from Friday's Wall Street performance, we go to Todd Benjamin in or London bureau. Hello, Todd.</s>TODD BENJAMIN, CNN CORRESPONDENT: Good morning, Deb and John. You're absolutely right. There is selling pressure here in Europe this morning and it stems from those losses -- rather sizable losses we saw Friday on Wall Street. Right now, the FTSE is off 1 percent, the Dax is off about 1/2 percent. Paris is off 1 percent, but it was actually the only big market up on Friday here in Europe; and Zurich is down slightly. In the currency market, the dollar's more than a 1/2 yen lower against the Japanese currency, the euro's little changed and the pound is 1/3 of a cent weaker against the greenback. In the oil pit this morning in the early go, Brent Crude is up 22 cents at $28.04, back above $28 a barrel. Back to you in New York.</s>MARCHINI: All right, thanks a lot, Todd.
European Markets Experience Selling Pressure After Wall Street Losses