Spain woes and weak earnings hit European shares


LONDON, Oct 11 (Reuters) - European shares fell for thefourth consecutive session on Thursday, as persistent worriesover Spain's debt problems and the prospects of weak companyearnings hit the region's stock markets.

The FTSEurofirst 300 index fell 0.1 percent to1,089.17 points, while the euro zone Euro STOXX 50 index

fell 0.5 percent to 2,445.20 points.

Persistent worries over Europe's sovereign debt crisis werehighlighted by a Standard & Poor's downgrade late on Wednesdayto the ratings of Spain, which is under increasing pressure torequest a sovereign bailout.

"It doesn't bode well for Spain. We're continuing to seeweaker economic numbers and the euro zone issues are stillthere. The euro zone will dominate the month of October," saidManoj Ladwa, head of trading at London-based TJ Markets.

(Reporting by Sudip Kar-Gupta)

((sudip.kargupta@thomsonreuters.com)(+44 207 542 9795)(ReutersMessaging: sudip.kargupta.thomsonreuters.com@reuters.net))