LONDON, Sept 28 (Reuters) - European shares fell in afternoon trade on Tuesday, tracking weakness in major U.S. stock indexes after they had initially opened higher, with financials featuring among the top decliners in Europe.
Concerns about the pace of global economic recovery and euro zone banks and sovereign debt have prompted investors to stay cautious, traders said, while mixed macroeconomic numbers have added to nervousness.
The S&P/Case Shiller composite index of 20 metropolitan areas declined 0.1 percent in July from June on a seasonally adjusted basis. The dip followed a 0.2 percent June rise, which was revised down from a 0.3 percent increase. [ID:nNLLSKE6HT]
At 1343 GMT, the FTSEurofirst 300 <.FTEU3> was down 0.6 percent at 1,067.06 points after hovering in a broad range of 1,061.70-1,077.22. U.S. benchmark indexes <.DJI> <.SPX> <.IXIC> were 0.4 percent to 0.6 percent lower.
In Europe, financial stocks featured among the top losers,
with the STOXX Europe 600 banking index <.SX7P> falling 1.2
percent. Standard Chartered