 European stock markets made some headway to start the year:Stoxx 600 1.3German Dax 0.9Frances CAC 0.6UKs FTSE 100 1.4Spains Ibex 0.4Italys FTSE MIB 1.2Its a much worst picture in the US where stocks are near session lows with the SP 500 down 33 points, or 0.9, to 3825. The Nasdaq is down 1.3. This article was written by Adam Button at 