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Growth And Trade Nerves Grind European Shares Down To Two-week Low | Reuters

by reuters.com posted 1month ago 22 views
* Shire rises after Takeda approves takeover deal (Updates prices, adds details, quotes, graphic): LONDON (Reuters) - Worries about U.S. bond markets signaling an impending recession, and a still rumbling trade war between the world’s top two economies, sent European shares sinking further on Wednesday after a 3 percent drop on Wall Street. The pan-European STOXX 600 opened down 1.2 percent, hitting its lowest level since Nov. 23, but recovered some losses to trade down 0.9 percent by 0930 GMT. Financials were the biggest drag on European shares as investors dumped sectors highly sensitive to economic growth.

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