Stock exchanges down slightly, Milan -0.05%, Paris' Cac40 -0.03% and London's Ftse100 -0.18%, only Frankfurt's Dax remains above parity.
Investors fear that better-than-expected US services data will prompt the Fed to hike interest rates for a longer period. And it is no coincidence that the Vix, the volatility index, jumped by almost 9% on Monday.