STOXX 600 falls for the fourth straight day
GSK, Sanofi shares boost healthcare sector
Airbus falls on dropping delivery forecast

Dec 7 Reuters European shares fell for a fourth straight session on Wednesday, with investors on edge as fears of a global recession picked up steam, although the losses were limited by the gains in the healthcare stocks.

The regionwide STOXX 600 was down 0.2, taking cues from a dismal trading session on Wall Street overnight after big U.S. banks cautioned of a likely recession next year.

There is a sense of nervousness and jitteriness in the markets today. The selloff on Wall Street last night has permeated across global markets, said Victoria Scholar, head of investment at Interactive Investor, adding that there is scope for more volatility towards the year end.

Markets are not out of the woods yet with headwinds remaining from the gas crisis, inflation, monetary tightening and the threat of recession.

A recent rally in equities driven by hopes of a less aggressive Federal Reserve has been tested in recent days after U.S. data pointing to economic strength spurred fears that the central bank could keep hiking interest rates for longer.

Markets now await a slew of interest rate decisions, including from the Fed and the European Central Bank next week for further clues on the direction of monetary policy tightening.

Investors will also be watching out for revised thirdquarter gross domestic product estimates from the European…