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Stock impact report

Stocks slump again as January rout rumbles on [Reuters]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Reuters
LONDON, Jan 28 (Reuters) - European stocks fell heavily again on Friday as worries about a sudden halt to central bank stimulus and rising tensions between Western powers and Moscow drove one of the worst ever starts to a year for world stock markets. Strong earnings from Apple provided some encouragement for battered tech and U.S. markets , but traders were struggling to draw a line under a global selloff that has now firmly taken root. The pan-European STOXX 600 (.STOXX) tumbled 1.5% in morning trading, on course for its fourth straight weekly drop, while U.S. futures were pointing to more crimson screens on Wall Street later too. . MSCI's 50-country main world index (.MIWD00000PUS) is now down over 8.1% for the month, which will be its worst January since the 2008 global financial crisis year. The dollar , meanwhile, is on track for its best week in seven months on bets that U.S. interest rates could now go up as many as five times this year. /FRX "With the Federal Reserve sounding Show less Read more
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