Europe Markets: European stock markets tumble sharply lower to end an ugly week [MarketWatch]
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Source: MarketWatch
European stock markets tumble sharply lower to end an ugly week Stock indexes across Europe fell sharply Friday as renewed aversion to assets considered risky, like stocks, took hold of investors who have been rattled by lingering concerns about the health of the global economy. The Stoxx Europe 600 SXXP, -1.06% traded 1.1% lower at 350.99, after snapping a six-session skid on Thursday. Germany’s DAX 30 DAX, -1.43% sank 1.6% at 11,129.52, while France’s CAC 40 PX1, -1.88% lost 2% to reach 4,933.99. Meanwhile, the U.K.’s FTSE 100 UKX, -1.07% traded 1% lower at 6,926.68, a day after its best single-session gain since Sept. 25, according to Dow Jones Market Data. The FTSE MIB Italy index I945, -1.55% declined 1.4% to 18,554.09, threatening to erase all if its gains from the prior session. The euro EURUSD, -0.2901% was slightly lower at $1.1338, versus $1.1377 late Thursday in New York, and sterling GBPUSD, -0.2028% fell to $1.2780, compared with $1.2818 in the previous
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