LONDON (Reuters) - European shares sank on Thursday as a heavy selloff in U.S. and Asian markets spread to the region and weak results from AB InBev and WPP among others underlined investors' anxieties about slowing earnings growth in an uncertain political landscape.
The pan-European STOXX 600 <.STOXX> fell as much as 1 percent before paring losses slightly to trade down 0.7 percent by 0730 GMT. Germany's DAX <.GDAXI> hit its lowest level since Dec 8 2016 in early deals.
The peripheral euro-zone indices of Spain <.IBEX> and Italy <.FTMIB> bucked the trend, rising 0.3 percent each in early trade.
Earnings dominated the day with some heavy losses.
The plummeting stock dragged the media sector down <.SXMP> 3.2 percent, set for its worst day since the Brexit vote selloff in June 2016.
Among gainers was Swedish retailer ICA
Finnish heavy machinery firm Konecranes
(Reporting by Helen Reid; Editing by Josephine Mason)