SYDNEY/LONDON—Shares slid on Monday as investors braced for a U.S. inflation report that could force another super-sized hike in interest rates, and the start of an earnings season in which profits will be under pressure.
The STOXX index of European shares fell 1.3 percent, with S&P 500 futures down 0.8 percent and Nasdaq futures off 0.9 percent as an upbeat U.S. June payrolls report raised expectations of a 75 basis point hike from the Federal Reserve.
